Weighted Average Interest Rate in Excel Sumproduct Function

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This video illustrates how to calculate a Weighted Average in Excel with the SUMPRODUCT Function. In this example we have a pool of loans with various interest rates and balances. This demonstration displays how quickly you can find the weighted average rate for the entire pool with this function. • Learn more about Excel Functions Features with this book at Amazon: • https://amzn.to/3xtLmXp • DISCLAIMER: As an Amazon Affiliate I get a commission for every purchase via this link. • If you want to follow along with this video then go to The Excel Cave Website to get this workbook that includes an answer key. • https://theexcelcave.weebly.com/sumpr...

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