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[80% Discount] Excel VBA Course - From Beginner to Expert

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Implicit Interest Rate

Hi:

I have the following data:

Lease term = 34 months
Term = no payment for first 4 months then 0 monthly payments
Monthly payment = $3,600.00
Present value = $72,000.00

What is the formula?

Much Appreciation!!!!


Excel VBA Course
Excel VBA Course - From Beginner to Expert

200+ Video Lessons 50+ Hours of Instruction 200+ Excel Guides

Become a master of VBA and Macros in Excel and learn how to automate all of your tasks in Excel with this online course. (No VBA experience required.)

(80% Discount Ends Soon!)

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A previous poster explained what I also need; there were no responses,
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Does anyone know of an Excel template--or a small stand-alone
program--that will calculate the interest/principal breakdown when
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I need one that will work on my Mac/Office 2004. I will need to print
out periodic reports.

Here is the way the previous poster described it:
"Excel template: Loan Amortization for random/irregular payments,
figures days
between payment dates.
I have a loan with a variable beginning balance and irregular payments
with
annual large payment. (based on collections)
Would like to enter payment and date.
then Excel would figure days since last payment, interest amount,
principal
amount, Ending Principal balance.
And total interest paid, total pricipal paid
If I change the starting principal, excel would recalculate all
entries."

Thanks very much.




I see a formula that our Human Resources Department is using to annualize voluntary turnover.

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I use Excel 2000
I have sheet muster for my clients of January, 2005 like :
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Very new in this board. If I post this question in the wrong forum please bear with me.
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