COMMENTS-MODULE-6MAJORASSIGNMENT_3-5yearsbudgetprojection12...2.xlsx

Expenses

U.S. Currency
Total 5 year Budget Projection Formula
tc={9B8026C0-BCFC-4C63-A4E8-EB09E733682E}: [Threaded comment] Your version of Excel allows you to read this threaded comment; however, any edits to it will get removed if the file is opened in a newer version of Excel. Learn more: https://go.microsoft.com/fwlink/?linkid=870924 Comment: this will be the total of all the prjected prices
(see detail below) Conversion Rate
Local currency U.S. currency Source
Transportation 2300 $1 Link or citation
Item Qty Price each (Local) Price each (US) Total price (US) Projected Price (US) Source
plane fare 10 1,150,000 $500 $5,000 $5,977.50 Link or citation Inflation Rate
bus fare 10 460,000 $200 $2,000 $467 CPI (Five Years Ago) CPI (Today) Inflation Rate Take from Major Assignment 2 or follow instructions below
(Add rows as needed) 237.5 257.05 0.1955
tc={6BD5387E-03C2-489D-B2C6-34A0C65E7A98}: [Threaded comment] Your version of Excel allows you to read this threaded comment; however, any edits to it will get removed if the file is opened in a newer version of Excel. Learn more: https://go.microsoft.com/fwlink/?linkid=870924 Comment: Ok here we go. I am doing this from Denver airport. the formula here will be (k8-j8)/j8. the problem was that you dived by 100
Lodging
Item Qty Price each (Local) Price each (US) Total price (US) Projected Price You should just use information from Major Assignment 2, but if you want to retrieve fresh CPI data, here are the instrructions again. Step 1: Go to the Bureau of Labor Statistics website at the link below. Step 2: Check U.S. All items, 1982-84=100 Step 3: Click "Retrieve Data" Use the most recent CPI value and the CPI for the same month but five years earlier to estimate the price of your trip in five years and the five year inflation rate.
restaurant 4 115,000 $50 $200 $46.74
tc={1B17FB58-7AA0-478D-B71A-651608AF41C8}: [Threaded comment] Your version of Excel allows you to read this threaded comment; however, any edits to it will get removed if the file is opened in a newer version of Excel. Learn more: https://go.microsoft.com/fwlink/?linkid=870924 Comment: here the formula is this: curent price*(1+inflation) for this specific cell, that means f11*(1+L8). so you can follow the same process for all the projected price.

tc={6BD5387E-03C2-489D-B2C6-34A0C65E7A98}: [Threaded comment] Your version of Excel allows you to read this threaded comment; however, any edits to it will get removed if the file is opened in a newer version of Excel. Learn more: https://go.microsoft.com/fwlink/?linkid=870924 Comment: Ok here we go. I am doing this from Denver airport. the formula here will be (k8-j8)/j8. the problem was that you dived by 100

tc={9B8026C0-BCFC-4C63-A4E8-EB09E733682E}: [Threaded comment] Your version of Excel allows you to read this threaded comment; however, any edits to it will get removed if the file is opened in a newer version of Excel. Learn more: https://go.microsoft.com/fwlink/?linkid=870924 Comment: this will be the total of all the prjected prices
Link or citation
host family 6 161,000 $70 $420 $98.16
(add rows as needed)
Food
Item Qty Price each (Local) Price each (US) Total price (US) Projected Price
local resident food 4 230000 $100 $400 $93.49 Link or citation
hotel food 6 345000 $150 $900 $1,075.95
(add rows as needed) CPI Data Link
Supplies and Misc
Item Qty Price each (Local) Price each (US) Total price (US) Projected Price
10 200 138000 $60 $120,000 $23,460 Link or citation
(add rows as needed)
Like Major Assignment 2. 5 year projected budget
about:blank

Funding-Population Projection

Sponsorship Fundraising Loan (remainder of trip expenses, or minimum of $10,000)
Invest 30% of budget balance for 5 years $100 monthly for 5 years Bank A Bank B
Principal formula Payment 100 Principal Formula Formula
r = APR number Link or citation r = APR number Link or citation r = APR number Link or citation number Link or citation Must be different rates
n = # periods per year number n = # periods per year number n = # periods per year number number
t = # of years number t = # of years number t = # of years number number Must be different years
Total in 5 years formula Total in 5 years formula Payment formula formula
Like Topic 6 DQ 1 Like Topic 5 DQ 2
Total Paid formula formula
Total interest formula formula
Like Major Assignment 1 Loan Tab
Population Projection Discuss the reasons for choosing one loan over the other.
Current population Number In this trip, the team has chosen to use sponsorship since it will allow them to have all thefinancial resources at the beginning of the trip. The team will be allowed to invest some of the money which will ensure that the money keeps on increasing within the given time frame.
Annual Growth Rate Number Link or citation
Projected Population formula
Like Topic 6 DQ 1