$4$

The cumulative interest payment function can be used to calculate the amount of interest paid over a specific number of periods, such as quarterly, annually, or for the whole term of the loan. In cell C$11,$ calculate the total cumulative interest that will be paid on the loan for all $28$ end$-$of$-$the$-$period quarterly payments. Format as Currency. Be sure the result is displayed as a posifive number.