Question: Please Use Excel to demonstrate on how to get the answer Compute The customer has budgeted a maximum of $500 per month for the car

Please Use Excel to demonstrate on how to get the answer

Please Use Excel to demonstrate on how to get the answer ComputeThe customer has budgeted a maximum of $500 per month for the

Compute The customer has budgeted a maximum of $500 per month for the car payment. Currently based on a purchase price of $50,000, a 10% down payment, and 7% sales tax you estimate monthly payments as $688.76. You will use Goal Seek to calculate the optimal purchase price to meet the customer's budget. 6. Use Goal Seek to determine the optimal purchase price to reach a $500 monthly payment with all other variables remaining unchanged. Compute The customer has budgeted a maximum of $500 per month for the car payment. Currently based on a purchase price of $50,000, a 10% down payment, and 7% sales tax you estimate monthly payments as $688.76. You will use Goal Seek to calculate the optimal purchase price to meet the customer's budget. 6. Use Goal Seek to determine the optimal purchase price to reach a $500 monthly payment with all other variables remaining unchanged

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