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EX16_XL_CH07_GRADER_CAP_HW - Apartment Complex 1.9 What are the solutions for questions 11-14? 11 In cell C10, enter a database function to display the date of

EX16_XL_CH07_GRADER_CAP_HW - Apartment Complex 1.9

What are the solutions for questions 11-14?

11

In cell C10, enter a database function to display the date of the apartment that had the oldest remodel date based on the filtered data. Format the result with Short Date format.

12

In the Loan sheet, insert formulas in the range E2:E4 to calculate the loan amount, the number of payment periods, and the monthly interest rate, respectively. Use cell references in all formulas.

13

In cell E5, enter a financial function to calculate the monthly payment. In cell E6, insert a financial function to calculate the cumulative total interest paid throughout the loan. Make sure the results display as positive numbers.

14

In cell C11, enter a formula to reference the date stored in cell B7. Insert a nested function in cell C12 to calculate the date for the next payment. Nest the YEAR, MONTH, and DAY functions within the DATE function. Add 1 to the month result. Copy the function to the range C13:C34.

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