Working with a single cumulative function

In this exercise, you will add the cumulative interest and principal at a point in time on a schedule.

This loan is paid monthly, and is currently set to fully amortize in 20 years.
However, you need to know what the balance is at the end of the 5th year (period 60), as it is only a 5 year loan.

While you can add the values in the interest and principal column, you will be required to use the CUMPRINC() and CUMIPMT() formulas. Remember to put a negative in front of the calculations, and that the end or beginning argument is required!