Question: please include formula A B D E F G H 1 J K L 1 Loan Payment Calculator 2 $ 17,500.00 3 Loan Amount 4
please include formula
A B D E F G H 1 J K L 1 Loan Payment Calculator 2 $ 17,500.00 3 Loan Amount 4 APR 2% 5 Length of the loan (in mo 18 6 7 Monthly Payment 8 9 10 11 Enter a formula in cell B7 using the PMT function to calculate the monthly loan payment. 12 The annual interest rate is in cell B4, the number of monthly payments is in cell B5, and 13 the amount of the loan is in cell B3. Remember, payments will be monthly, so divide the 14 annual interest rate by 12!!!! 15 16 17 Because the result of the formula is a payment, it is always expressed as a negative 18 number. If you want the result to be expressed as a positive number instead, add a 19 negative symbol before the PMT function. 20 21
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