318. Complete the two variable data table to display the loan payment for each corresponding...
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Accounting
Complete the two variable data table to display the loan payment for each corresponding loan duration and annual interest rate.
Open the Solver and set an objective of for the loan payment cell B by changing the annual interest
rate cell B and the loan duration cell B
Add a Solver integer constraint for the loan duration cell B
Run the Solver to solve for the solution. Keep the solution but do not generate any reports.
Create a formula in cell B that calculates the cumulative principal repaid on the loan after year of payments. Assume that loan payments are made at the end of the payment period.
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