Answered step by step
Verified Expert Solution
Question
1 Approved Answer
How would I use excel formulas like goalseek and sumproduct to fill this out? How much can you borrow? What grade do you need? What's
How would I use excel formulas like goalseek and sumproduct to fill this out?
How much can you borrow? What grade do you need? What's the IRR on this cash flow? 16,000.00 Grade Borrowed amount $ Term of loan (years) Interest rate (annual) Monthly payment 3.5% 92 78 86 Test Weight T1 20% T2 20% T3 20% FE 40% Weighted average Needed for A Needed for B Needed for C >> Period Net cash flow 0 $(75,000.00) 1 $ 17,000.00 2 $ 20,000.00 $ 11,000.00 4 $ 14,000.00 5 $ 12,000.00 6 $ 9,000.00 71 $ 15,000.00 8 $ 13,000.00 NPV IRR/Discount Rate IRR by Formula How much can you borrow? What grade do you need? What's the IRR on this cash flow? 16,000.00 Grade Borrowed amount $ Term of loan (years) Interest rate (annual) Monthly payment 3.5% 92 78 86 Test Weight T1 20% T2 20% T3 20% FE 40% Weighted average Needed for A Needed for B Needed for C >> Period Net cash flow 0 $(75,000.00) 1 $ 17,000.00 2 $ 20,000.00 $ 11,000.00 4 $ 14,000.00 5 $ 12,000.00 6 $ 9,000.00 71 $ 15,000.00 8 $ 13,000.00 NPV IRR/Discount Rate IRR by FormulaStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started