How to make a Fixed Rate Loan/Mortgage Calculator in Excel
7:24
How to make a Fixed Rate Loan/Mortgage Calculator in Excel
Excel Courses: https://www.teachexcel.com/premium-courses/ More tutorials: https://www.teachexcel.com Excel Forum: https://www.teachexcel.com/talk/microsoft-office?src=yt This video tutorial will show you how to make a fixed rate loan or mortgage calculator in excel. It is actually quite easy to do and after watching this step-by-step example ...
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SOLVED:Amortization schedule a. Set up an amortization schedule for a 25,000 loan to be repaid in equal installments at the end of each of the next 3 years. The interest rate is 10 percent, compounded annually. b. What percentage of the payment represents interest and what percentage represents principal for each of the 3 years? Why do these percentages change over time?
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