Question: In cell C17, enter a formula using the CUMIPMT function to calculate the cumulative interest paid on the loan for Year 1 (payment 1 in

In cell C17, enter a formula using the CUMIPMT function to calculate the cumulative interest paid on the loan for Year 1 (payment 1 in cell C15 through New Perspectives Excel 365/2021 | Module 9: SAM Project la payment 12 in cell C16). Use 0 as the type argument in your formula because payments are made at the end of the period. 15 16 17 12 13 hual Prin. 14 Int Princ 18 19 cipal remai 222 22 20 Remainin 21 23

In cell C17, enter a formula using the CUMIPMT function to calculate the cumulative interest paid on the loan for Year 1 (payment 1 in cell C1S through In cell C17, enter a formula using the CUMIPMT function to calculate the cumulative interest paid on the loan for Year 1 (payment 1 in cell C1S through

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