Excel is great for creating financial models and calculators. These are some of our most frequently requested items. In this project, we had a client who wanted help creating loan repayment schedules and calculating effective interest rates for loans with one borrower and many different lenders. Because it is a blended loan, regular online calculators simply wouldn’t work. But we were able to put together a solution that helped them figure out many details including how to handle rounding, carryover of partial pennies and other issues specific to their project.
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