1.

Compute the Interest amount in period using IPMT function

Loan Interest Periods Interest amount

Name amount rate terms of months in period
1 Bantug, Camille 25,000.00 5% 60
2 Egana, Joseph 15,000.00 3.5% 24
3 Flores, Joshua 20,000.00 2% 36
4 Hernandez, Elton 35,000.00 2.50% 12
5 Monton, Mario 30,000.00 3% 48

2. Compute the Interest rate using RATE function

Loan Periods Monthly Interest

Name amount in months payment rate
1 Alico, Jamelle 20,000.00 24 1,020.00
2 Cortina, Sherwin 30,000.00 60 780.00
3 Duarte, Ellaine 25,000.00 36 800.00
4 Garces, Trisha 40,000.00 48 1,200.00
5 Sescon, Gary 35,000.00 24 1,650.00

Note: Compounding period per year is 12

3. Compute the Loan amount using PV function

Monthly Periods Interest Loan
Name Payment in months rate Amount
1 Cartel, Jocelyn 1500 36 6%
2 Inutan, Jovan 1100 24 5%
3 Javinez, Patrice 1750 18 3%
4 Kileste, Ivan 900 12 4%
5 Lumen, Marielle 1050 15 3.5%

Note: compounding period per year is 12

Round off your answer to its whole number