Step 12 Create the following three scenarios using Scenario Manager. The scenarios should change the cells...
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Step 12 Create the following three scenarios using Scenario Manager. The scenarios should change the cells B7, B8, and E6. Good B7 = .0325 B8 = 5 E6 = 275000 Most Likely B7 = .057 B8 = 5 E6312227.32 Instructions Bad B7 = .0700 B8 = 3 E6 = 350000 Create a Scenario Summary Report based on the value in cell B6. Format the new report appropriately. Points Possible 5 G8 11 12 13 1 2 3 4 5 6 Payment 7 APR 8 Years 9 Pmts per Year 10 A W A 14 15 16 17 18 19 20 21 22 23 24 25 > Payment Details Payment Number 1 234 2 4 5 6 7 8 9 10 11 12 13 14 x fx B Beta Manufacturing $6,000.00 5.75% 5 12 Beginning Balance Facility Amortization Table Loan Details Loan Periodic Rate # of Payments E Payment Amount Interest Paid $312,227.32 0.479% 60 F G Principal Remaining Cumulative Repayment Balance Interest H Cumulative Principal Step 12 Create the following three scenarios using Scenario Manager. The scenarios should change the cells B7, B8, and E6. Good B7 = .0325 B8 = 5 E6 = 275000 Most Likely B7 = .057 B8 = 5 E6312227.32 Instructions Bad B7 = .0700 B8 = 3 E6 = 350000 Create a Scenario Summary Report based on the value in cell B6. Format the new report appropriately. Points Possible 5 G8 11 12 13 1 2 3 4 5 6 Payment 7 APR 8 Years 9 Pmts per Year 10 A W A 14 15 16 17 18 19 20 21 22 23 24 25 > Payment Details Payment Number 1 234 2 4 5 6 7 8 9 10 11 12 13 14 x fx B Beta Manufacturing $6,000.00 5.75% 5 12 Beginning Balance Facility Amortization Table Loan Details Loan Periodic Rate # of Payments E Payment Amount Interest Paid $312,227.32 0.479% 60 F G Principal Remaining Cumulative Repayment Balance Interest H Cumulative Principal
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Related Book For
Auditing Cases An Interactive Learning Approach
ISBN: 9780134421827
7th Edition
Authors: Mark S Beasley, Frank A. Buckless, Steven M. Glover, Douglas F Prawitt
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