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the formula is not =($b$2*$b$3)/$b$7 that is inncorrect it is some type of formula 14 Enter a function in cell D12, based on the payment
the formula is not =($b$2*$b$3)/$b$7 that is inncorrect it is some type of formula
14 Enter a function in cell D12, based on the payment and loan details, that calculates the amount of interest paid on the first payment. Be sure to use the appropriate absolute, relative, or mixed cell references. 15 Enter a function in cell E12, based on the payment and loan details, that calculates the amount of principal paid on the first payment. Be sure to use the appropriate absolute, relative, or mixed cell references. 16 Enter a formula in cell F12 to calculate the romaining balance after the current payment. The remaining balance is calculated by subtracting the principal payment from the balance in column B. 17 Enter a function in cell G12, based on the payment and loan details, that calculates the amount of cumulative interest paid on the first payment. Be sure to use the appropriate absolute, relative, or mixed cell references. 18 Enter a function in cell H12, based on the payment and loan details, that calculates the amount of cumulative principal paid on the first payment. Be sure to use the appropriate absolute, relative, or mixed cell references. 19 Enter a reference to the remaining balance of payment 1 in cell B13. Use the fill handle to copy the functions created in the prior steps down to complete the amortization table. Beta Manufacturing Facility Amortixation Table Step by Step Solution
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