Excel homework

profileip7o
3100_excel.xlsx

Sheet1

Down pmt Pmt period Interest rate Car price 1st year 2nd year 3rd year 4th year 5th year
Scenario 1 0% 36 4.50% $21,999 Starting period 1 13 25 37 49
Scenario 2 5% 36 3.38% $21,799 Ending period 12 24 36 48 60
Scenario 3 10% 48 2.45% $21,499
Scenario 4 15% 60 2.36% $21,299
1st Month
Car price Down pmt Total loan Monthly pmt Mo. principal Mo. interest
Scenario 1
Scenario 2
Scenario 3
Scenario 4
Life of Loan
1st year 2nd year 3rd year 4th year 5th year Total principal paid Total interest paid
Total principal Total interest Total principal Total interest Total principal Total interest Total principal Total interest Total principal Total interest
Scenario 1
Scenario 2
Scenario 3
Scenario 4