Question: Step Instruction The next column is designed to calculate the interest amount per payment. In cell D 8 , insert the IPMT function using the

Step Instruction
The next column is designed to calculate the interest amount per payment.
In cell D8, insert the IPMT function using the periodic rate, the current payment number in the
first column, the number of payments, and loan. Use relative and mixed references correctly.
Make sure the result is a positive value. Copy the function to the range D9:D43.
Step Instruction The next column is designed to calculate the interest

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