Question: I just need help getting started with this I am confused on how to answer the first few questions payment due at termine the payment
payment due at termine the payment that must be are investing S3,000 in a that o 300 per quarter. The plan pays an today and will make additional ning of each period. Write an Excel formula to determine how will be worth in five years. 3% interest per year compounded vings nciaExce ormula to determine the amou nt of money that can be depreciated packaging machine purchased by a usinhe machine originally cost S150,000 and has a useful life of 5 years straight lne deprec iation, for a new vage value of $5,000 ating Loan Options for Flowers By Diana Diana has decided to purchase her florist Ae mds to analyze her options. She lists the purchase price of the building nts space for her small florist business. As her business continues to to purchase her own building. She has selected a site and now req ntly re $ ng withseveral banks to discuss financing options for a mortgage Diana Fina dra she es for each of the loan variables together with the other data inputs in an rcok named Loan.xlsx. Her analysis must also take into account the following: boo yment-The amount of money Diana will pay at the time she purchases the on Paovided is the percent of the building purchase price that will be required ment on cach corresponding loan. The difference between the sale price o the down payment is the loan for a down value-the face value of the loan. usually offer mo Frequently, lo The additional charges banks sometimes require when lending a mortgage. pointstally offer morgage loans in a variety of interest rate and point combinations. ns with higher points have lower interest rates. One point equals 1%? an value, so one point on a $7,500 loan is $75. itional amounts banks sometimes charge when lending a mortgage amounts vary by bank and loan type. Typical charges include application fees, noraisal fees, credit report fees, and so on. r task is to complete the Loan worksheet for Diana, using cell references whenever soble. Write the formulas in cells G8 through K8 so that they can be copied down the
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