Question: Data has been provided for you to generate a payment for each of the two products to help determine which product is feasible for you

Data has been provided for you to generate a payment for each of the two products to help determine which product is feasible for you to purchase for school purposes. Click here to access the data. The loan parameters have been entered into the worksheet. Click in cells B8 and E8 to calculate the amount to finance as Price - down payment - rebate. Calculate the payment on B10 and E10. Hint: Click Insert function and select PMT for payment. Save the workbook as "FirstInitial_LastName_Purchase_solution.xlsx" Merge and center the titles in Cells A1:E1. Format your worksheet by including color as well as providing an appropriate clip art to accent the document. Indent the content in cells A4:A9 and show the Payment amount in font size 14. Indent the content in cells D4:D9 and show the Payment amount in font size 14. Save the School Computer Purchase Analysis spreadsheet. Close the workbook and then exit Excel.

School Computer Purchase Analysis
Desktop Computer Tablet Computer
Price of Computer $2,000.00 Price of Computer $700.00
Down Payment $500.00 Down Payment $200.00
Rebate $300.00 Rebate $150.00
Interest Rate 6% Interest Rate 3%
Amount Financed Amount Financed
Terms 1 Terms 1
Payment Payment

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