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busterbrown885
 
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Default Need Help with a Formula

I am new to excel. Trying to set up a formula for the following 2 examples

1. Semi Annual payments of $440,000 for 20 years, or 8Million dollars now,
what is the interest rate that was used to arrive at the 8 million dollars

2. Semi annual payments of $440,000 for 20 years, an interest rate of 7%,
how much should the payment be in a lump sum today?

Thank you for your help, if you could provide me the formula so that I can
play around with various amounts or interest rates that would be helpful.
 
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