Question: Using Excel please Computer Questions (use a spreadsheet to solve the following question; don't forget your name and student number in the right hand header).
Computer Questions (use a spreadsheet to solve the following question; don't forget your name and student number in the right hand header). 7. A loan of $50,000 is to be paid back with semi-annual payments over 12 years at /2) = 9%. The first payment is R and each succeeding payment increases by 8%. Set up an amortization table. Graph the resulting outstanding balances (using a column graph). Make sure your x-axis goes from 0 to 24. (6 marks)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
