Question: 6-2 Excel Homework itt: Using a Loan Amortization Schedule Table NEWS has decided to purchase a new piece of capital equipment in order to expand
6-2 Excel Homework itt: Using a Loan Amortization Schedule Table NEWS has decided to purchase a new piece of capital equipment in order to expand operators and take the compete advaritage. They have selected two vendors with differing costs and loan terms. Use the loan amortization schedule table developed in the 6-2 Homework Introduction to answer these NEWS lending questions by substituting the data within the inputs and observing the outcomes. Use the data presented below and your previously created spreadsheet to complete Tasks 1 and 2. Tip: Wikile it is not required you may wish to duplicate your spreadsheet tab in order to easily compare and contrast the two alternatives. 5 Equipment Vendor One 6 Equipment Vendor Two 7 8% 10% 12 11 Annual interest rate Loan term (in years) Payments per year Loan amount . 12 12 10 $44,500.00 $39.000.00 Task 1: In considering this investment, NEWS would like to compare the two different equipment vendors and their financing terms listed above. Provide your recommendation on which option is preferred. Support your recommendation with a clear and concise business-focused argument. Use specific numbers and a clear "dollars and cents" comparison to support your answer. 13 4 Task 2: A) Explain how your answer might change if NEWS is concerned only with achieving maximum profits over the coming three years. B) Next, explain how your answer could be affected it NEWS is solely concerned with minimizing its Introduction to 6-2 Template Amortization Student Welcome Excel Analysis Pack install SHIB1297280022502787 41778 ironman oftware Adobe Acrobat. 2020-04-15... ACN16943. IT Invoices G00329487. IT Invoices HP Officejet with 12... with 01... 8541-01 Prepaid E. Vertex, Inc.-Sprin Pro 8600
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