Question: In cell C 1 8 , enter a formula using the CUMPRINC function to calculate the cumulative principal paid for Year 1 ( payment 1

In cell C18, enter a formula using the CUMPRINC function to calculate the cumulative principal paid for Year 1(payment 1 in cell C15 through payment 12 in cell C16). Use 0 as the type argument in your formula because payments are made at the end of the period.
In cell C18, enter a formula using the CUMPRINC function to

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