Create a spreadsheet to compare current monthly mortgage payments versus the new monthly payments if the loan
Question:
Create a spreadsheet to compare current monthly mortgage payments versus the new monthly payments if the loan were refinanced, as shown:
a. Restrict access to the spreadsheet by encrypting it.
b. Further protect the spreadsheet by limiting users to only being able to select and enter data in the six cells withoutborders.
Transcribed Image Text:
REFINANCING CALCULATOR INSTRUCTIONS: ONLY ENTER DATA INTO BORDERLESS CELLS; DO NOT ENTER DATA INTO CELLS WITH BORDERS Current loan amount Current term (years) Current interest rate Current monthly payment New Loan amount New Loan term (years) New interest rate New monthly payment 500,000 30 5% $2,684.11 400,000 25 4.50% $2,223.33
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a In Excel 2007 choose Prepare and then Encrypt Document Then select a password and be sure to remember it b To protect the two cells that contain the ...View the full answer
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Related Book For
Accounting Information Systems
ISBN: 978-0133428537
13th edition
Authors: Marshall B. Romney, Paul J. Steinbart
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