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Based on your actual budget, determine the monthly payment for a car or condo/house you plan to purchase in December 2021. The Tasks: Search the

Based on your actual budget, determine the monthly payment for a car or condo/house you plan to purchase in December 2021.

The Tasks:

  1. Search the internet for a car or condo/house you plan to purchase in December 2021.
  2. Determine the down payment based on the price quoted from the dealer or realtor.
  3. Use your credit score to determine the interest rate that you qualify.
  4. Based on your budget and anticipated income, if any, determine the length of time that you plan to pay off the car or condo/house.
  5. Use the PMT function to determine the monthly payment and create an amortization table for the length of time to own the car or pay off the condo/house.
  6. Format the spreadsheet using Currency Number formatting with the dollar sign. Use any cell styles, alignment, font options, colors, and borders as you see fit.

Please use a hypothetical budget and show me how it should look on Excel and how do the PMT functions please

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