INSTRUCTIONS: To Determine Monthly Loan Payments
- Enter the Amount of the Loan in the Principle field
- Enter the Current Interest Rate (%) in the Interest Rate field
- Enter the Number of Years the Loan will be in the Years field
- Enter 0 in the Months field
- Leave the Payment field empty
- Choose how often Payments will be made in the Pay Period field (usually
- Enter 0 in the Final Balance field, hit return/enter
- Choose Monthly in the Interest Type field
- Choose Payment in the Always Update field
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