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Chemistry, 13.02.2020 21:42 wcjackie813

Insert the IF statement in cell I9 to determine if the % Down is greater than or equal to 20% Down Pmt Rate. If true, the PMI is 0. If false, the PMI is calculated by multiplying the Amount Financed by the PMI Rate divided by the # of Pmts Per Year. The function should be =IF(E9>=$B$7,0,D9*$B$6/$B$5).

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