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Entering loan terms

In this exercise, you will enter the number of annual payment periods and the payment formula for non-annual repayments.

All the rates and terms are provided.

There are 52 annual weekly payments, 12 annual monthly payments, and 4 annual quarterly payments.

Deze oefening maakt deel uit van de cursus

Loan Amortization in Google Sheets

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Oefeninstructies

  • Enter the correct number of annual payments in column F. This is the total per year, not the total overall.
  • Enter the correct PMT() formula in column G.
  • Remember to put a negative before the PMT() formula!

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