EXCEL 1

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EX2016-SkillReview-5-2-solution1.pdf

4/19/2016, $355,000

7/15/2016, $550,0007/15/2016, $550,000

7/15/2016, $395,000

9/14/2016, $440,000

9/14/2016, $575,000

3/3/2017, $385,000

3/3/2017, $550,000

3/26/2017, $440,0003/26/2017, $440,0003/27/2017, $445,000

3/27/2017, $425,000 3/27/2017, $440,000 3/27/2017, $425,000

4/19/2016 5/19/2016 6/19/2016 7/19/2016 8/19/2016 9/19/2016 10/19/2016 11/19/2016 12/19/2016 1/19/2017 2/19/2017 3/19/2017

For Sale By Owner

SOLUTION SAMPLE

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A B C D E F G H

Average of Purchase Price Column Labels

Row Labels Condominium Mediterranean Modern Ranch Grand Total

By Owner 395000 366250 385000 453214.2857 418571.4286

Century 21 461250 415500 428125 423333.3333 427321.4286

Homes and Garden 447857.1429 390555.5556 423000 418461.5385

Remax 434000 475000 356250 328000 400178.5714

Williman's 505000 408636.3636 416250 366500 405000

Grand Total 440166.6667 410384.6154 395000 409333.3333 413840.5797

0 200000 400000 600000

By Owner

Century 21

Homes and Garden

Remax

Williman's

Ranch

Modern

Mediterranean

Condominium

House Type

Agent

Average of Purchase PriceSOLUTION SAMPLE

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A B C D E F G H I J K L

Date of Purchase Agent Buyers House Type Bedrooms Bathrooms Fireplace Near Schools Purchase Price Rate Bank Mortgage Years

3/27/2017 By Owner Bond Modern 4 1 No Yes $445,000 4.10% Bank Of America 15

3/27/2017 By Owner Williams Ranch 4 2 No Yes $425,000 4.20% Citizens 15

3/27/2017 By Owner Chama Ranch 4 2 No Yes $440,000 3.80% Nations 15

3/27/2017 By Owner Johnson Mediterranean 5 1 No Yes $425,000 4.30% Citywide 30

3/26/2017 By Owner Jones Ranch 4 1 Yes No $440,000 3.60% Nations 30

3/26/2017 By Owner Willows Ranch 5 1 No Yes $440,000 3.90% Bank Of America 40

3/3/2017 By Owner Zimmerman Condominium 5 1 Yes No $385,000 3.50% Bank Of America 30

3/3/2017 By Owner Castle Ranch 4 1 Yes No $550,000 3.50% Citywide 30

9/14/2016 By Owner Chipman Condominium 4 2 No Yes $440,000 3.70% Citywide 30

9/14/2016 By Owner Nagato Ranch 5 1 No Yes $575,000 3.90% Citizens 30

7/15/2016 By Owner Johnson Modern 4 1 Yes No $550,000 3.50% Citizens 40

7/15/2016 By Owner Hawkins Condominium 5 1 Yes No $550,000 4.50% People's 15

7/15/2016 By Owner Downing Condominium 4 1 Yes No $395,000 3.70% Citywide 15

4/19/2016 By Owner Nagasaki Ranch 5 2 Yes No $355,000 3.20% Nations 30

Total 14 4.42857143 1.285714286 $458,214 3.81% 26.07142857SOLUTION SAMPLE

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A B C D E F G H

Loan Payment per $100,000 Borrowed 4.00% 15 years

Rates Loan Payment $950.00

$739.69 15 30 40 Rate 4.00%

4.00% 739.69$ 477.42$ 417.94$ Years 30

4.05% 742.20$ 480.30$ 421.05$

4.10% 744.71$ 483.20$ 424.18$

4.15% 747.23$ 486.10$ 427.32$ Amount to Borrow 198,988$

4.20% 749.75$ 489.02$ 430.46$

4.25% 752.28$ 491.94$ 433.62$

4.30% 754.81$ 494.87$ 436.79$

4.35% 757.35$ 497.81$ 439.97$

4.40% 759.89$ 500.76$ 443.16$

4.45% 762.44$ 503.72$ 446.35$

4.50% 764.99$ 506.69$ 449.56$

4.55% 767.55$ 509.66$ 452.78$

4.60% 770.11$ 512.64$ 456.01$

4.65% 772.68$ 515.64$ 459.25$

4.70% 775.25$ 518.64$ 462.50$

4.75% 777.83$ 521.65$ 465.76$

4.80% 780.41$ 524.67$ 469.03$

4.85% 783.00$ 527.69$ 472.30$

4.90% 785.59$ 530.73$ 475.59$

4.95% 788.19$ 533.77$ 478.89$

Years

If you can afford this loan:

You can borrow this much:SOLUTION SAMPLE