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VBA CODE to solve this When a loan of principal amount, P , is taken at an annual interest rate i with a repayment period
VBA CODE to solve this
When a loan of principal amount, P, is taken at an annual interest rate i with a repayment period of n years, the following equation provides the monthly payment, A:
Create a VBA function called payment(P,i,n) that will output the monthly payment (A) based on the principal, annual interest rate, and lifetime of the loan.
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