Adding cumulative functions to the schedule
In this example, instead of adding the CUMIPMT() and CUMPRINC() functions to calculate for a point in time, it will be added into the whole schedule!
To reduce the amount of cutting and pasting, the loan is now a 2 year amortizing loan instead of a 20 year amortizing loan.
Remember that in your cumulative functions, the first period will always be 1, and the only number that should change is the period.
本练习是课程的一部分
在 Google Sheets 中进行贷款摊销
练习说明
- Use the
CUMIPMT()function to calculate cumulative interest paid in all periods from period 1 through 24 in cellsL4:L27. - Use the
CUMPRINC()function to calculate cumulative principal paid in all periods from period 1 through 24 in cellsM4:M27. - Use the periods in
B7when referring to the total number of periods. - The values in columns L and M should be positive numbers.
