CUMIPMT returns the cumulative interest paid on a loan between start_period and end_

Data Description
9% Annual interest rate
30 Years of loan
125000 Present value
-11135.232131 =CUMIPMT(A6/12, A7*12, A8, 13, 24, 0)

For second year, we use start period from 13th month to end period to

EFFECT returns the effective annual interest rate.

Data Description
5.25% Nominal interest rate
4 Number of compounding periods per year
0.0535426674 =EFFECT(A18, A19)

Effective interest rate with the terms above (0.053543 or 5.3543 percent)
tart_period and end_period.

h month to end period to 24th month