Loan Amortization in Excel | Equal Annual Payment Explained
7:04
YouTubePaschal Ugwu Solutions
Loan Amortization in Excel | Equal Annual Payment Explained
In this video, we calculate the constant annual payment required to fully amortize a ₦7,500,000 business loan over 6 years at an annual interest rate of 11.5%. Using the annuity formula and Excel, we break down the step-by-step process of computing equal loan repayments that cover both principal and interest. This tutorial is ideal for ...
3 weeks ago
Mortgage Amortization
Don’t let BAD Circumstances Keep You From Great Options If you, family, friend, or a co-worker need help with getting pre approved reach out! I'd Love to Help! Phone: Cell:727-642-3762 Link in bio for more info Brian
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Don’t let BAD Circumstances Keep You From Great Options If you, family, friend, or a co-worker need help with getting pre approved reach out! I'd Love to Help! Phone: Cell:727-642-3762 Link in bio for more info Brian
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