Question: please answer correctly with cell reference please, will leave a like thank you You have decided to refinance your mortgage. You plan to borrow whatever
You have decided to refinance your mortgage. You plan to borrow whatever is outstanding on your current mortgage. The curent monthly payment is $2,356 and you have made every payment on time. The original term of the mortgage was 30 years, and the mortgage is exactly four years and eight months old. You have just made your monthly payment. The mortgage interest rate is 6.375% (APR). How much do you owe on the mortgage today? Complet the stops below using cell references to given data or previous calculations. In some cases, a simple cell reference is all you need. To copy/paste a formula across a row or down a column, an absolute cell reference or a mixed cell reference may be preferred. If a specific Excel function is to be used, the directions will specify the use of that function. Do not type in mumerical data into a cell or function. instead, make a reference to the cell in which the data is found. Make your computations only in the blue cells highlighted below. In all cases, unless otherwise directed, use the earllest appearance of the data in your formulas, usually the Given Data
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
