Math 101

profilep_patel359
Module2FormulaSheet.xlsx

Sheet1

Solve for Ending Balance Solve for Starting Balance/Maximum Loan Possible Solve for Loan Payment Solve for Rate Solve for Number of Periods
Rate? 0.25% Rate? 0.33% Rate? 0.43% Number of periods? (Months or Years) 15 Rate? 0.33%
Number of periods? (Months or Years) 36 Number of periods? (Months or Years) 180 Number of periods? (Months or Years) 360 Payment? $ - 0 Payment? $ 473.00
Payment? $ 100.00 Payment? $ - 0 Beginning Loan Value? $ 500,000.00 Beginning Balance? Beginning Balance? $ 100,000.00
Starting Balance? $ 1,200.00 Ending Balance? $ 192,000.00 Ending Balance? $ - 0 Ending Balance? $ 170,000.00 Ending Balance? $ - 0
Type? Saving Type? Loan Type? Loan Type? Loan
Ending Balance $5,074.92 Starting Balance $105,477.02 Payment $2,730.13 Payment ERROR:#NUM! # Periods 359.73
This sheet works for COMPOUND INTEREST ONLY. Any problems using simple interest cannot be done on this Excel sheet. You can only type in the Orange cells on this sheet