change the payment period of amortization schedule

G

gcip

I have downloaded the template for the loan amortization schedule and entered
all my data, but the template will not accept partial year loans. for
example, I am trying to make a schedule for 14.5 years or 174 months. How do
I change it to monthly terms? or change it so it will accept half years?
 
M

Martin Fishlock

adjust the formula so it works on a monthly basis and adjust the rate of
interest to reflect months instread of annual.
 

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