You can use the ROUND function to determine how much the borrower of a loan still owes at the end of each year.

Name: You can use the ROUND function to determine how much the borrower of a loan still owes at the end of each year.
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The ROUND function is used to round numbers to a specified number of decimal places, not to calculate loan balances. Calculating the remaining loan balance typically involves using financial formulas or functions like PMT, IPMT, or PPMT in spreadsheet software.

You Can Use the ROUND Function to Determine How Much