Counting same month and backward with EOMONTH()
In the last exercise, you used the EOMONTH() function to determine the last day of a month going forward.
In this exercise, you will use the EOMONTH() function to determine the last day of the current month, as well as prior months.
While you might not use EOMONTH() going backward on most amortization schedules, using EOMONTH() to get the last day of the current month is very useful!
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- Enter the correct values or
EOMONTH()formula to make the values calculated using theEOMONTH()formula in columnCequal the dates in columnD. - In cases where a date is required, always enter the last day of the month. Remember that February has 29 days in 2020!
- Do not use absolute referencing on your
EOMONTH()functions.
