krunal123

Board Regular
Joined
Jun 26, 2020
Messages
177
Office Version
  1. 365
  2. 2019
  3. 2016
Platform
  1. Windows
image_2021-08-14_113719.png
 

Excel Facts

How to calculate loan payments in Excel?
Use the PMT function: =PMT(5%/12,60,-25000) is for a $25,000 loan, 5% annual interest, 60 month loan.
Try this in B19 and copy across to C19. I hope this is what you are asking.

Excel Formula:
=SUM(INDEX(B$1:B$18,$F$2):INDEX(B1:B18,$F$3))

Note that the INDIRECT function could also be used for this task but the above formula is not volatile like INDIRECT.
 
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