s1114182721 s1114182721

21-10-2022
Mathematics

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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)?

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