Question: Good evening, I need help figuring out the cell values required for the 5 year column to get me started on this worksheet. For total
Good evening,
I need help figuring out the cell values required for the 5 year column to get me started on this worksheet. For total Contribution in savings, I got: =B38*B40*B41. I am not sure if that is correct. The total amount for that cell comes out to be $12,651.19. For the Total accrued interest, I cannot get it to come out to the right total. I'm getting $3,550.45 from =B38*B40 * (1+B39)^5 but I know that is not right.
In the Loan section for the 5 year column, I began with the total amount paid over the time of the loan and the formula I put in was =B49*(1+B50)^5 which gives a total of $25,833.48. That is off - but I cannot figure out what is wrong in my formula to correct it. If you can just help get me started with the 5 year values formatting, I would be most appreciative! If we need to go back and forth one at a time, please start with the savings section total amount saved cell value formula and we can work forward. Thanks!

Calculation #1 (5yrar savingsi Calculation 2 110 year saving Calculation 3 115-year savings! Format the entries in each was. , 5 complete this table for your 5-year, 10-4dr, and 15.wavana Contributiaramount bring forward your Morthy Savings amount, sng a formule for each esct entry $211.85 $219.85 $210.85 ..Currency with 2 decimal places APR trom top table ! 7.0% 70% Number of contribut ons per veurri 12 12 12 Number of years iti 5 10 15 Total amount savn (Al: ...a Number with dacimal places ...Number with Odinal places ..Currency with 2 decimal places --Currency with 2 decimal places ..Currency with 2 decimal places Total contribution: Total uued interest Loan 6 Colline by competinitis lable for yuar 5 year, 10-year, and 15-year loan, based on the principal and interest rales river with onthly payments Calculaton 1 15-year loent Calculation 2 110-year loant Calculaton 3 115-year loen! Format he entries in each Towas. Leviciul IPI $21,000.00 $21,000.00 $21,000.00 APR tram tha tahle ir, with a sligt higher rate for longer loans 4.2% % L.2% 4.2% Number of contritxitons per year) 12 12 12 Number of years (LI 5 111 15 Payment amount PMIT: Total aindul aid over the time of the Ivan ...a Number with decimal places ...a Number with a dormal places Currency with 2 decimal placas Currency with 2 decimal places Currency with z decimal places Total amount of interest pald Comparison After 5 years After 10 years After 15 years 7 0 [nuel Tonirala u Laser YULI amounts from abova Tota savings from energy in uruverniers Format the entries in each row as. Currency with 2 decimal plaves ..Currency with z decimal places Tatal loan payments Calculation #1 (5yrar savingsi Calculation 2 110 year saving Calculation 3 115-year savings! Format the entries in each was. , 5 complete this table for your 5-year, 10-4dr, and 15.wavana Contributiaramount bring forward your Morthy Savings amount, sng a formule for each esct entry $211.85 $219.85 $210.85 ..Currency with 2 decimal places APR trom top table ! 7.0% 70% Number of contribut ons per veurri 12 12 12 Number of years iti 5 10 15 Total amount savn (Al: ...a Number with dacimal places ...Number with Odinal places ..Currency with 2 decimal places --Currency with 2 decimal places ..Currency with 2 decimal places Total contribution: Total uued interest Loan 6 Colline by competinitis lable for yuar 5 year, 10-year, and 15-year loan, based on the principal and interest rales river with onthly payments Calculaton 1 15-year loent Calculation 2 110-year loant Calculaton 3 115-year loen! Format he entries in each Towas. Leviciul IPI $21,000.00 $21,000.00 $21,000.00 APR tram tha tahle ir, with a sligt higher rate for longer loans 4.2% % L.2% 4.2% Number of contritxitons per year) 12 12 12 Number of years (LI 5 111 15 Payment amount PMIT: Total aindul aid over the time of the Ivan ...a Number with decimal places ...a Number with a dormal places Currency with 2 decimal placas Currency with 2 decimal places Currency with z decimal places Total amount of interest pald Comparison After 5 years After 10 years After 15 years 7 0 [nuel Tonirala u Laser YULI amounts from abova Tota savings from energy in uruverniers Format the entries in each row as. Currency with 2 decimal plaves ..Currency with z decimal places Tatal loan payments
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