I'm a new user to Excel, although I did attend a 3-level instructional
class for the program at a computer instructional center. I'm working
on a modelling exercise, and need to know which function to use when
trying to figure out the following financial query:
If I have a loan amount for $100K, and am trying to figure out how much
the title costs are for the following line items, WHAT function is
this?
$5.75 per $1,00 for $1m to $100m = ___________
$5.00 per $,100 for $100m to $1mm = __________
These queries should be linked to the orginal loan amount, so this
template can be utilized with different loan amounts.
Many thanks.
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lsmith
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