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How do i create a formula in Excel to calculate the average percentage rate
of a 30 year financing period For example Loan amount 135,000 montly payment amount 684.03 number of payments 360 intrest rate 4.5% and prepaid finance charge of 1770.57. The first 74 payments the monthly payment amount will be 742.53 and for the remaining payments of 286 the monthly note will be 684.03 |
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