APR payment formula

OBWan52

New Member
Joined
Jun 20, 2024
Messages
2
Office Version
  1. 365
Platform
  1. Windows
I found a formula on here for calculating payments but I don't know how to satage it so that
I can plug in the amount financed
 

Excel Facts

How to find 2nd largest value in a column?
MAX finds the largest value. =LARGE(A:A,2) will find the second largest. =SMALL(A:A,3) will find the third smallest
Hi

Could you please elaborate a bit
I found a solution. I had to write the formula by referring to cell numbers with the values in them so that the formula cell would alter its answer according to changing values in the referred cells. I'm very much a rookie here. Took an Excel course 15 years ago. So now the formula is staged. Before, I was inserting the actual values in the formula string, and it would produce an answer, but if anything changed, I would have to start over.
 
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