Payment in Advance/Arrears
What is your formula, what are the values of the arguments, what is the result of the formula and what did you expect instead?
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Kind regards,
Niek Otten
"Sandy Schmid" wrote in message ...
| Hello,
|
| I want to compare payments for a loan where the payment is calculated at the
| end of the month vs. at the beginning of the month. Excel Help says to
| change "type" from "0" to "1" to change from arrears calculation to advance
| payment. How does this happen?
| thanks
|