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In cell B6 , enter a formula to calculate the total paid over the life of the loan (the monthly payment amount in cell B4
In cell B6, enter a formula to calculate the total paid over the life of the loan (the monthly payment amount in cell B4 * the number of payments in cell B2). Use cell references
Price | $ 55,000.00 |
Loan term (in months) | 24 |
Interest (annual) | 3% |
Monthly payment | $ 2,363.97 |
Total payments | |
Interest paid | |
Average sales | $ 4,500.00 |
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