What is the best solution to this excel question?

Excel Facts

How to calculate loan payments in Excel?
Use the PMT function: =PMT(5%/12,60,-25000) is for a $25,000 loan, 5% annual interest, 60 month loan.
Thanks for the help Jack. I had a read of the link and then further reading into SUMPRODUCT but i still can't seem to answer the question..i mean i can answer the question but it just seems as if there is a much easier more efficient way of doing it.

Still open for ideas...

Thanks guys
 
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