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
Instrucciones del ejercicio
- Add the
pmt()
function to cellB7
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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