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return payoff after "X" amount of payments
How would I do this: A1 = Loan amount A2 = rate A3 = term (yrs) A4 = Payment (=PMT(B3/12,B4*12,-B2)) A5 = Payoff in yrs (ex. 2yrs) A6 = Balance at time of payoff How do I solve for A6. I used to know this but it has slipped my memory somehow. -- jermsalerms ------------------------------------------------------------------------ jermsalerms's Profile: http://www.excelforum.com/member.php...o&userid=30167 View this thread: http://www.excelforum.com/showthread...hreadid=559617 |
#2
Posted to microsoft.public.excel.worksheet.functions
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return payoff after "X" amount of payments
I figured it out. If anyone needs to know in the future here it is: =-PV(A6/12,A7*12-A10*12,A8) -- jermsalerms ------------------------------------------------------------------------ jermsalerms's Profile: http://www.excelforum.com/member.php...o&userid=30167 View this thread: http://www.excelforum.com/showthread...hreadid=559617 |
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