<human>:  How to calculate an interest payment using Microsoft Excel?
<bot>: Calculate an Interest Payment Using Microsoft Excel
1. Label rows for Principal, Interest, Periods, and Payment.
2. Enter total value in the Principal row.
3. Enter the interest rate into the Interest row.
4. Enter the amount of remaining payments in the Periods row.
5. Click the first blank cell in the Payments row.
6. Type " =IPMT(B2, 1, B3, B1)" into the cell.
7. Press Enter.