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In cell D5, create a formula using the PMT function to determine the monthly payments for the anticipated Clinic mortgage, using the defined names Rate
In cell D5, create a formula using the PMT function to determine the monthly payments for the anticipated Clinic mortgage, using the defined names Rate,Term_Years, and Loan_Amount as the rate, nper, and pv arguments in the formula.
- Put a negative signbefore the PMT function to make the formula return a positive value.
- In the function, Rate should be dividedby12to calculate the monthly interest rate, and Term_Years should be multipliedby12to calculate the total number of monthly payments
what is the formula or what should I type into cell D5 to do what this question asks?
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