A reference value to the beginning loan balance in cell B12 is E6 ($325,000.00) while a reference to the payment amount in cell C12 is $B$6.
A spreadsheet refers to a document which comprises cells that are arranged in a tabulated format with rows and columns. Also, a spreadsheet is typically used in various fiedls for calculating, sorting, formatting, arranging, analyzing, and storing data on computer systems.
In this scenario, a reference value to the beginning loan balance in cell B12 would be E6 with a value of $325,000.00 while a reference value to the payment amount in cell C12 would be $B$6.
In conclusion, cell B12 will always show the beginning loan balance and cell C12 will always show a static payment amount for all the other cells in this spreadsheet.
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