Forum Discussion
Excel formula principle balance help
Perhaps this is answered someplace here but I am not sure how to couch my search. Very simple; I want to calculate how long will a principle balance last at a particular rate with regular withdrawal...
You can download the Loan Calculator template from Microsoft Office template site
https://templates.office.com/en-us/Loan-calculator-TM03986985
and if you want to manipulate the rates, you can use goal seek in Excel.
https://templates.office.com/en-us/Loan-calculator-TM03986985
and if you want to manipulate the rates, you can use goal seek in Excel.