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"variable interest rate"
Can anyone offer guidance, preferred way to compute final outstanding balance
of a loan, with additional non-periodic (irregular) withdrawls and irregular payments made against loan over time, and exposed to variable interest rate over various date ranges. Time period spans several years. I'm thninking of building a cash flow schedule but looking for suggestions on how to handle the variable interest rate. Any specific Finanical functions to help with this? Thanks |
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