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The next column is designed to display the interest portion of each payment. In cell D 7 , insert the IPMT function to calculate the

The next column is designed to display the interest portion of each payment. In cell D

7,

insert the IPMT function to calculate the interest for the first payment. Use mixeed references for cells in the Basic Output Area and make sure the result is a positive value. Copy the function from cell D

7

to the range D

8

42 .

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