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(What is the exact function I need for D7 base in the instruction below?) Calculate the total interest and cost as follows: In cell D7,

(What is the exact function I need for D7 base in the instruction below?)

  1. Calculate the total interest and cost as follows:
    1. In cell D7, enter a formula without using a function that multiples the Monthly_Payment (cell D6) by the Term_in_Months (cell D5), and then subtracts the Loan_Amount (cell B8) from the result to determine the total interest.
    2. In cell D8, enter a formula without using a function that adds the Price (cell B6) to the Total_Interest (cell D7) to determine the total cost.

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3 1 Business Expansion 2 Loan Calculator Loan Payment Calculator 4 Date 10/12/2021 Rate 5 Purchase Distribution center Term in Months 6 Price $ 2,150,000 Monthly Payment 7 Down Payment $ 430,000 Total Interest 8 Loan Amount $ 1,720,000 Total Cost 9 4.35% 180 $13,026.41

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