Question: In cell B 1 0 , enter a formula using the CUMIPMT function to calculate the cumulative Interest pald on the loas for Year 1

In cell B10, enter a formula using the CUMIPMT function to calculate the cumulative Interest pald on the loas for Year 1(payment 1 In cell B7 through payment 4 in cell B8). Use 0 as the type argument. Use absolute references for the rate, nper, and pv arguments, and use relative references for the start and end arguments. Fill the range C10:F10 with the formula in cell B10 to calculate the interest paid In Years 2-5 and the total interest.
 In cell B10, enter a formula using the CUMIPMT function to

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