CALCULATING AN AMORTIZATION SCHEDULE

Mini Lesson: Loan Tables (Loan Amortization and Loan Payment Table) ... rate = interest rate of the loan nper = total number of payments for the loan ... c. Enter formula in cell D5 to calculate the Period Interest Rate. Copy formula from cell D5 to cells E5 and F5. Format cell to Percentage with 2 decimal places and % symbol. ................
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