Question: 21 N > Comments Share Clear Sort Filter Reapply Advanced Flash Fill Remove Duplicates Consolidate Data Analysis Relationships Text to Columns Data Validation Manage

Remove Duplicates Consolidate Data Analysis Relationships Text to Columns Data Validation Manage

Data Model What-If Forecast Analysis Sheet Group Ungroup Subtotal ?, Solver Sort

21 N > Comments Share Clear Sort Filter Reapply Advanced Flash Fill Remove Duplicates Consolidate Data Analysis Relationships Text to Columns Data Validation Manage Data Model What-If Forecast Analysis Sheet Group Ungroup Subtotal ?, Solver Sort & Filter Data Tools Forecast Outline Analyze C D E F G H I J K L M N P Q R S T U V W X Y Z File Home Insert Page Layout Formulas Data From Text/CSV Recent Sources Review View Automate Help Queries & Connections From Web Existing Connections Properties Get Data From Table/Range Refresh All Stocks Currencies Geography Get & Transform Data Workbook Links Queries & Connections Data Types C16 A X fx Riverwalk Clinic 2 Annual Interest Rate 3 Term in Months 4 Loan Amount 5 Monthly Payment 11 12345678902222 B 5.25% 360 $ 1,360,785 $7,514.31 Instructions: Using the Solver add-in tool, determine the following: If you wanted a Monthly Payment of $5250 and the Annual Interest Rate and Term in Months could be modified but the Annual Interest Rate must equal 2% or higher 14 and the Term in Months is less than or equal to 720 15 What would the following optimal values be: 16 17 Annual Interest Rate: Term in Months: 18 File Home Insert Page Layout Formulas Data From Text/CSV Recent Sources Review View Automate Help Queries & Connections From Web Existing Connections Properties Get Data x From Table/Range Refresh All Stocks Currencies Geography Workbook Links Queries & Connections Data Types < KN N Clear Reapply Sort Filter Advanced Text to Columns Sort & Filter Comments Share Flash Fill Remove Duplicates Data Validation Consolidate Data Analysis Relationships Manage Data Model What-If Forecast Analysis Sheet Group Ungroup Subtotal ?, Solver Data Tools Forecast Outline Analyze 49.999676635934 B D E F G H J K L M N 1 C12 A Get & Transform Data X fx Auto Loan 2 Annual Interest Rate 3 Term in Months 4 Loan Amount 5 Monthly Payment 6 7 8 9 Instructions: 10 11 12 13 14 5.25% $ 31,300 $698.33 Using the What-If Analysis -> Goal Seek tool, determine the following: 1. If the Monthly Payment was $698.33, how many months is the term? Round up... Term in Months: 50 P Q R S T U V W X Y File Home Insert Page Layout Formulas Data From Text/CSV Recent Sources Review View Automate Help Queries & Connections From Web Existing Connections Properties Get Data From Table/Range Refresh All Stocks Currencies Geography Workbook Links Queries & Connections Data Types D16 Get & Transform Data X fx A B C D E F G H Auto Loan 2 Annual Interest Rate 3 Term in Months 4 Loan Amount 5 Monthly Payment 4.75% $ 31,300 $800.00 12 13 14 15 16 +2345678 DECE 9 Instructions: 10 11 17 10 Using the What-If Analysis -> Goal Seek tool, determine the following: 1. What Interest Rate would you need to have a $800 payment? Interest Rate: 42.593 4 KN N Comments Share Sort Filter Clear Reapply Advanced Text to Flash Fill Remove Duplicates Consolidate Data Analysis Relationships ?, Solver Columns Data Validation Manage Data Model What-If Forecast Analysis Sheet Group Ungroup Subtotal Sort & Filter Data Tools Forecast Outline F Analyze J K L M N P Q R S U V W X Y

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