In cell D7, multiply the monthly payment for the loan by the number of payments to get the total amount paid. Copy the formula to D8 In cell E7, subtract the amount financed from the total amount paid to compute the total interest for the loan. Copy the formula in E7 to E8

In cell D7, multiply the monthly payment for the loan by the number of payments to get the total amount paid. Copy the formula to D8 In cell E7, subtract the amount financed from the total amount paid to compute the total interest for the loan. Copy the formula in E7 to E8

COMPREHENSIVE MICROSOFT OFFICE 365 EXCE

1st Edition

ISBN:9780357392676

Author:FREUND, Steven

Publisher:FREUND, Steven

Chapter2: Formulas, Functions, And Formatting

Section: Chapter Questions

Problem 2AYK

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In cell D7, multiply the monthly payment for the loan by the number of payments to get the total amount paid. Copy the formula to D8

In cell E7, subtract the amount financed from the total amount paid to compute the total interest for the loan. Copy the formula in E7 to E8

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