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Do Financial Mathematics Computer - Based Assignment-Edward.pdf - Adobe Acrobat Reader DC (64-bit) File Edit View Sign Window Help Home Tools Financial Mathemat... (vi) Discuss

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Do Financial Mathematics Computer - Based Assignment-Edward.pdf - Adobe Acrobat Reader DC (64-bit) File Edit View Sign Window Help Home Tools Financial Mathemat... (vi) Discuss the main advantages and disadvantages of renting the property rather than buying. [8] In the light of your calculations in parts (iii) and (iv) above and your discussions in parts (v) and (vi) above, the individual decides to purchase the property by borrowing the funds from Bank B. (vii) Using Excel, complete the following table showing the monthly loan schedule for the first two years of the repayment period: [7] Note: You should clearly show your working when completing the above table, giving formulae and explanation where necessary. Marks will be deducted if this is not done clearly. Do Financial Mathematics Computer - Based Assignment-Edward.pdf - Adobe Acrobat Reader DC (64-bit) File Edit View Sign Window Help Home Tools Financial Mathemat... (vi) Discuss the main advantages and disadvantages of renting the property rather than buying. [8] In the light of your calculations in parts (iii) and (iv) above and your discussions in parts (v) and (vi) above, the individual decides to purchase the property by borrowing the funds from Bank B. (vii) Using Excel, complete the following table showing the monthly loan schedule for the first two years of the repayment period: [7] Note: You should clearly show your working when completing the above table, giving formulae and explanation where necessary. Marks will be deducted if this is not done clearly

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