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Amortizing Term on a loan



 
 
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  #1  
Old February 10th, 2004, 09:11 PM
Rachel
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Default Amortizing Term on a loan

How do I figure the amortizing term on a loan?

=ABS(NPER(+K8*0.01/12,-(J8),,-O8))

This is currently the formula that is showing. This is a spreadsheet that was converted from Lotus to Excel.
  #2  
Old February 10th, 2004, 11:43 PM
Fred Smith
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Default Amortizing Term on a loan

See answer in .misc.

Posting to multiple groups is not an effective use of people's time.

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Regards,
Fred
Please reply to newsgroup, not e-mail


"Rachel" wrote in message
...
How do I figure the amortizing term on a loan?

=ABS(NPER(+K8*0.01/12,-(J8),,-O8))

This is currently the formula that is showing. This is a spreadsheet that

was converted from Lotus to Excel.


 




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