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Thanks Fred.
However, aside from the dates being incorrect, it doesn't allow a number greater than 30 in the term section. If the loan's for 37 months, it won't accept it. -Rich Fred Smith wrote: In truth, the template doesn't know what period length you are entering. So enter the monthly data (ie, monthly interest rate and term in months), and say you have 1 payment per year. That way the template will properly calculate your, for example, 37 payments. The only problem is the payment date will be wrong, but it's not too hard to change after unprotecting the sheet. |
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