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Add some starter money

After hearing you were starting a college savings fund, your friends and family help donate $5000 to get the investment started for the future. How much does that decrease your payment from before?

Este ejercicio forma parte del curso

Financial Modeling in Google Sheets

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Instrucciones del ejercicio

  • Add the pmt() function to cell B7 as you did in the last exercise using rate, years, present value, and future value.
  • Update the present value in cell B2 to $5000.

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