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Enter your answers on Tab 1 of the M1 SUBMISSION TEMPLATE. Once you have completed Tab 1, you will copy it to Tab 2 (copy
Enter your answers on Tab 1 of the M1 SUBMISSION TEMPLATE. Once you have completed Tab 1, you will copy it to Tab 2 (copy range is A1:B22). Once you've copied your answers to Tab 2, you will click on "Formulas," then on "Show Formulas." The homework must be completed according to the Principles of Spreadsheet Design. Remember that you are graded on the assignment as well as your accuracy in using the Principles of Spreadsheet Design. 1. You want to buy a 2020 Ferrari Pista Spider. You've found one at a dealer near you for $714,500. You have $70,000 for a down payment. The dealer says he'll sell you the car if you give him the $70,000 now and pay him $800,000 in three years. What is the interest rate on this loan? Use the Principles of Spreadsheet Design to set up and solve this
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