Welcome to Westonci.ca, where finding answers to your questions is made simple by our community of experts. Join our platform to connect with experts ready to provide precise answers to your questions in various areas. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently.

Enter a formula in cell e12 based on the payment and loan details that calculates the amount of principal paid on the first payment. The principal is the payment - interest. Be sure to use the appropriate absolute, relative, or mixed cell references.