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How to calculate total interest paid on a loan in Excel?Excel formula: Calculate interest rate for loan | ExceljetExcel formula: Calculate interest rate for loan | ExceljetRATE Function - Corporate Finance InstituteThe Excel RATE function is a financial function that returns the interest rate per period of an annuity. You can use RATE to calculate the periodic interest rate, then multiply as required to derive the annual interest rate. …16/10/2018 · How to use Calculate the Interest Rate for a Loan in Excel. To determine the amount due for loan payment, given a loan duration/term, a Rate of Interest, and the initial loan amount, we can utilize the Excel PMT Operation In the example illustrated below, the operation syntax inserted into the formula bar of cell B6 is thus-=PMT (B3/12,B2,-B1) This calculates the monthly payment with interest for the loan. Figure 2. of Excel …Select the cell you will place the calculated result in, type the formula =CUM

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