Microsoft Office Tutorials and References
In Depth Information
Figure 11-4: Column B shows the payment required to pay off the credit card balance for various payoff peri-
ods.
Creating a loan amortization schedule
A loan amortization schedule is a table of values that shows various types of information for each payment
period of a loan. Figure 11-5 shows a worksheet that uses formulas to calculate an amortization schedule.
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