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d =(2000*.11/12/(1-(1+.11/12)^(-1263)) (1-(1 + ) ) =(2000.11/12/(1-(1+.11/12)^-12.3) B D F G Principal: CYU #1: Use the spreadsheet shown to answer the following questions. APR: Period:

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d =(2000*.11/12/(1-(1+.11/12)^(-1263)) (1-(1 + ) ) =(2000".11/12/(1-(1+.11/12)^-12.3) B D F G Principal: CYU #1: Use the spreadsheet shown to answer the following questions. APR: Period: 1 Buying a Computer 2 3 Month Balance Interest Payment New Balance 4 1 $1,250.00 $ 16.15 $ 125.00 $ 941.15 5 2 $ 941.15 $ 12.16 $325.00 $ 628.30 6 3 $ 628.30 $ 8.12 $325.00 S 31142 7 4 S 311.42 $ 4.02 $325.00 $ (9.56) 8 5$ 19.56) $ (0.12) $225.00 S (334.68) No of Periods in 1 year Periodic Rate: -The monthly payment is - It took months to pay off the computer. Payment -The computer ended up costing in total after interest. -The amount paid towards interest was -The formula that goes in cell C7 (if it were filled down from C4) would be

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