Calculate the amount financed, the monthly payment (assuming that monthly payments stay the same throughout the term
Question:
Calculate the amount financed, the monthly payment (assuming that monthly payments stay the same throughout the term of the loan), the total interest paid, and an amortization schedule. For the latter, fill in the entire gray area with formulas, but use IF functions so that blanks appear past the term of the loan.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 85% (7 reviews)
Model Calculating ca...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Practical Management Science
ISBN: 978-1305250901
5th edition
Authors: Wayne L. Winston, Christian Albright
Question Posted:
Students also viewed these Business questions
-
1. Justify Jinhee's participation in her employer's 401 (k) plan using the time value of money concepts. 2. Calculate the amount that Jinhee needs to save each year for the down payment on a new car,...
-
Research the housing market and compare the values of two similar homes in two different areas. The two homes must be extremely similar in structure size, land size, year built, and additions such as...
-
In the "All About You" feature, you learned about interest rates charged on credit cards and some of the advantages and disadvantages of credit cards. To get the most from your credit card and to...
-
Write a program RecoverSignal that will read the binary file written by StoreSignal, as described in the previous exercise. Display the integer values that the data represents on the screen.
-
When a patient is being fitted with contact lenses, the curvature of the patient's cornea is measured with an instrument known as a keratometer. A lighted object is held near the eye, and the...
-
What are some questions that consumers should consider before participating in a cause-related campaign?
-
Figure P28.37 shows a series of current-carrying wires, and in each case an Amprian path is shown (but without direction). Rank the six cases according to the magnitude of the line integral of the...
-
Suppose that you have been given a summer job at Fairwings Avionics, a company that manufactures sophisticated radar sets for commercial aircraft. The company, which is privately owned, has...
-
When an object is placed between the pole(P) and focus(F) of a concave mirror, the image formed is (i) behind the mirror (ii) virtual and erect and (iii) larger than the object (or magnified) M A' E...
-
There are 2 shinobis with chakra levels 5 and 10 respectively and the desired sum of chakra levels is utmost 15 Starting with ke0, suy of chakra levels after attack max(5-0,0) + max(10- 0,0) 5+10 15....
-
Continuing the previous problem, use Goal Seek for each value of number mailed (once for 80,000, once for 90,000, and so on). For each, find the response rate that allows the company to break even....
-
In a typical production scheduling model like Pigskins, if there are no production capacity constraintsthe company can produce as much as it needs in any time periodbut there are storage capacity...
-
The following are commonly performed tests of controls and substantive tests of transactions audit procedures in the sales and collection cycle: 1. Account for a sequence of shipping documents and...
-
Consider the following mergers or acquisitions. What synergy was or would be logically possible? What would inhibit synergy? Consider operations, culture, and brand equities. a. Citicorp acquired...
-
If a consumer always prefers more to less, can the indifference curves between the two goods be upward sloping? Explain. What if one of the goods is actually something unpleasant, like broccoli to a...
-
What brands deliver emotional benefits for you? Self-expressive benefits? Social benefits? What is it about the brand that reinforces that ability to deliver benefits?
-
What did the tablet replace? What will replace (or has replaced) the tablet?
-
Imagine you are the new marketing manager for a chain of hospitals that views its clients as patients rather than customers. How, if at all, would you lead your team and persuade your bosses to...
-
Develop a computer program that allows you to plot the entropy of a source with variable output probabilities. We wish to observe that the maximum source entropy does indeed occur when the source...
-
What mass of KBr (in grams) should you use to make 350.0 mL of a 1.30 M KBr solution?
-
Describe Celcoms solution to its problem. What management, organization, and technology issues had to be addressed by the solution?
-
How effective was this solution? How did it affect the way Celcom ran its business and its business performance?
-
How important was supply chain management for Target Canada? How did it relate to its business model? Explain your answer .
-
For this assignment, submit the code (SQL script or document), including structure from the Data Definition Language (DDL) and the Data Manipulation Language (DML). Use these SQL Statements as a...
-
Data Manipulation Tasks a Insert 20 records into each table for testing purposes. a Delete an entire order by using the unique identifier for that order. o Update the price of a product by using the...
-
Data manipulation language (DML) provides a number of capabilities that allow you to build custom queries of existing data. What are two capabilities you might use to limit the data you select or...
Study smarter with the SolutionInn App