The Complete Excel Guide: Beginners to Advanced - Principal and Interest Payments

The video tutorial covers advanced financial functions in Excel, focusing on splitting loan payments into principal and interest using PPMT and IPMT functions. It demonstrates correcting formula errors and summarizing total payments. The tutorial concludes with an introduction to depreciation functions.

What is the relationship between the monthly payment and the interest payment as the loan is paid off?

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What is the total amount of principal paid at the end of the loan period as mentioned in the text?

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What is the next topic that will be covered after the discussion on loan payments?

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