Question: Please show how to do these answers with excel functions. Points lost Question 4- Anortization 1 2 Roger has landed his first big contract. He

Please show how to do these answers with excel functions.

Please show how to do these answers with excel functions. Points lost

Points lost Question 4- Anortization 1 2 Roger has landed his first big contract. He is thinking of purchasing or leasing a Bentley. 1. He can buy his dream car by taking out a 5 year loan for $20,000 at 7.30 % interest rate per annum. He will need to repay in fixed monthly payments. 2. He can lease the vehicle from a local dealership instead. This 5 year lease option will require a $4,000 down payment and monthly payments of $230. The salvage value of 6 the new vehicle after 5 years is $6,500 and you can invest at a rate of return of 4%. Buy 8 Personal Investment Rate 4.0% 7.30% 9 10 Interest Rate Number of years 11 Value of Loan $20,000,00 12 13 Salvage Value 14 Car Loan Payments S 6,500 15 Lease 16 17 Down Payment 18 Monthly Payments S 4,000 S 230 19 Your sign matters here! ]Your sign matters here! 20 NPV of Buying 21 NPV of Leasing 22 23 Buy or Lease? 24 B-Create an amortization table of the loan that shows the portion of interest and principal on 25 each payment. C Create a stacked column chart that shows interest and principal on each column 26 Place Chart Here! Beginning Ending Period Payment Interest Principal Balance Balance 27 28 1 29 2 30 3 31 4 32 5 33 6 34 7 35 8 36 37 10 38 11 39 12 S67 Points lost Question 4- Anortization 1 2 Roger has landed his first big contract. He is thinking of purchasing or leasing a Bentley. 1. He can buy his dream car by taking out a 5 year loan for $20,000 at 7.30 % interest rate per annum. He will need to repay in fixed monthly payments. 2. He can lease the vehicle from a local dealership instead. This 5 year lease option will require a $4,000 down payment and monthly payments of $230. The salvage value of 6 the new vehicle after 5 years is $6,500 and you can invest at a rate of return of 4%. Buy 8 Personal Investment Rate 4.0% 7.30% 9 10 Interest Rate Number of years 11 Value of Loan $20,000,00 12 13 Salvage Value 14 Car Loan Payments S 6,500 15 Lease 16 17 Down Payment 18 Monthly Payments S 4,000 S 230 19 Your sign matters here! ]Your sign matters here! 20 NPV of Buying 21 NPV of Leasing 22 23 Buy or Lease? 24 B-Create an amortization table of the loan that shows the portion of interest and principal on 25 each payment. C Create a stacked column chart that shows interest and principal on each column 26 Place Chart Here! Beginning Ending Period Payment Interest Principal Balance Balance 27 28 1 29 2 30 3 31 4 32 5 33 6 34 7 35 8 36 37 10 38 11 39 12 S67

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