In cell B8, enter a formula using NPER to calculate how many payments are left...

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Accounting

In cell B8, enter a formula using NPER to calculate how many payments are left on this student loan. The annual interest rate is in cell B4. The monthly payment is in cell B7. The current value of the account is in cell B2. Payments will be made at the beginning of every period. Remember to adjust the interest rate to reflect the same time period as the payments and to express the Pmt argument as a negative.
Loan Payback Calculator
\table[[Student Loaris,$12,300,00
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