jaydqueen4316 jaydqueen4316
  • 16-12-2022
  • Computers and Technology
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a. in cell b16, enter a formula using the cumipmt function to calculate the cumulative interest paid on the loan for year 1 (payment 1 in cell b14 through payment 12 in cell b15). use 0 as the type argument in your formula because payments are made at the end of the period.

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