What is the difference between absolute reference and relative cell reference?

byron_m

New Member
Joined
Nov 5, 2020
Messages
1
Office Version
  1. 365
Platform
  1. Windows
How does absolute reference differ from relative cell reference?
 

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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.

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