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minus the loan amount. In cell F 6 interest, which is the total amount of the payments multiplies 1 2 by the Term and the

minus the loan amount. In cell F

6

interest, which is the total amount of the payments multiplies

12

by the Term and the enter a formula without using a function that Loan

_

Amount to determine the total Monthly

_

Payment, and then subtracts the In cell F

7,

enter a for total interest.

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