The excel function that you can use to calculate the maximum purchase price of the loan you can afford will be PMT.
It should be noted that a loan simply means the sum of money that's borrowed which will be repaid usually with interest in the future.
In this case, the excel function that you can use to calculate the maximum purchase price you can afford will be PMT.
It is a financial calculation that calculates the payment for a loan.
Learn more about loan on:
brainly.com/question/26011426
#SPJ4
