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#1
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How do I enter the PV function to determine the ending balance of
The principal is 140000., the rate is 7.25% for 15 years, the payment is
1278.01 per month. How do I enter a =PV fuction formula to determine the ending balance of the loan after 1 year? |
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#2
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How do I enter the PV function to determine the ending balance of
Use FV() instead
-- Kind regards, Niek Otten "Rettarie" wrote in message ... The principal is 140000., the rate is 7.25% for 15 years, the payment is 1278.01 per month. How do I enter a =PV fuction formula to determine the ending balance of the loan after 1 year? |
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#3
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How do I enter the PV function to determine the ending balance of
I'd use the FV function: =FV(7.25%/12,12,1278.01,-140000)
"Rettarie" wrote: The principal is 140000., the rate is 7.25% for 15 years, the payment is 1278.01 per month. How do I enter a =PV fuction formula to determine the ending balance of the loan after 1 year? |
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