Answered step by step
Verified Expert Solution
Question
1 Approved Answer
how do I get # of years, Total periods, Total paid and Total interest paid. ( give with excel formula) Find the Interest and Time
how do I get # of years, Total periods, Total paid and Total interest paid. ( give with excel formula)
Find the Interest and Time with Additional Payment rate 0.0329 # years # periods per year 12 rate per period 0.002741667 total periods payment per period $361.96 additional payment per period $100.00 total payment per period $461.96 loan amount $20,000.00 total paid total interest paidStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started