s1114182721 s1114182721

21-10-2022
Mathematics

Answered

The following spreadsheet can be used to compute monthly payments given the APR, principal, and term of the loan.

b. Write the spreadsheet formula to compute cell E2.

Is it =((A2*B2/12)(1+B2/12)^D2)/((1+B2/12)^D2-1)?

Answer :

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