Question: Create a formula in cell B 1 2 that calculates the cumulative principal repaid on the loan after 1 year of payments. Assume that loan

Create a formula in cell B12 that calculates the cumulative principal repaid on the loan after 1 year
of payments. Assume that loan payments are made at the end of the payment period.
Create a formula in cell B12 that calculates the cumulative principal

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