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Corporate Borrowing Resolution PDF Form

Corporate Borrowing Resolution PDF Form

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Bill: Hey alright, welcome back, it's time for another Dueling Excel podcast, I'm Bill Jelen from MrExcel. I'll be joined by Mike Girvin from Excel Is Fun, this is our episode 173 - Loan Service Fee! Like, I have to apologize in advance, this is going to be an insane one, but it's a real question that came in, and I said "Alright, I'm going to try and solve this without pulling out my copy of "CTRL+Shift+Enter". I want to see if I can just absorb what I've learned from your book, alright?" So, here's what we have, we have a bank, loan amount, a rate, a term, and of course the payment function which, you know, I've covered before, alright? So, that all is normal, but here's the unusual thing, is every month the bank charges a service fee, and that service fee is 0.25%, but that's an annual fee. The way that they actually calculate the service fee is they take the last mont

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