Microsoft excel..

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Diaz_exploring_e02_grader_h3.xlsx

Payment

Inputs Intermediate Calculations
Negotiated Cost of Vehicle $ 35,000.00
Additional Down Payment $ 5,000.00
Date of First Payment
Credit Rating Excellent
Constants Outputs
Sales Tax Rate 5%
Term of Loan in Years 5
# of Payments Per Year 12
Credit Down Payment APR Total Monthly Payment
Excellent 0.05 0.0325
Good 0.1 0.035
Fair 0.15 0.0425
Poor 0.2 0.0525