$20,000 due. Pays diff $ every x. Int calc per annum. Need excel .
A judgment was obtained for $20,000 in '98. He has paid different amounts
ever since. I need formula in excel to figure what his balance is taking
into account the principle and interest deductions that have been made b/c of
payments. He has an interest rate that is compounded daily on a per annum
basis.
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