Question: In cell K4. create a formula using the IF function to calculate the interest paid on the mortgage {or the difference between the total pavments

In cell K4. create a formula using the IF function to calculate the interest paid on the mortgage {or the difference between the total pavments made each year and the total amount of mortgage principal paid each year}. a. The formula should first check if the value in cell H4 {the balance remaining on the loan each vear} is greater than t]. b. If the value in cell Hr! is greater than D. the formula should return the value in ]4 subtracted from the value in cell DE multiplied by 12. Use a relative cell reference to cell Hand an absolute cell reference to cell D5. (Hint: Use 12*$D$5j4 as the .lS_1'l'I.I'E' argument value in the formula.) c. If the value in cell H1 is not greater than D, the formula should return a value of II]. top}:r the formula from cell K4 into the range HIE-13

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