Question
EXCEL In cell B8, create a formula without using a function that determines the total interest associated with the mortgage. First multiply the value in
EXCEL
In cell B8, create a formula without using a function that determines the total interest associated with the mortgage. First multiply the value in cell B6 (the number of terms) by the value in cell B7 (the number of monthly payments) and by 12 (to convert the yearly terms to monthly terms), and then subtract the value in cell B4 (the total loan amount).
What formula can I use on excel?
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College Accounting A Practical Approach 1-15
Authors: Jeffrey Slater
4th Edition
013142050X, 978-0131420502
