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Please answer question with formula so I can fill it in the cell in Excel. Thank you. Chapter 6 Incremental Cost Holding period 25 Loan
Please answer question with formula so I can fill it in the cell in Excel. Thank you.
Chapter 6 Incremental Cost Holding period 25 Loan Points $90.000 $80.000 $10.000 Loan Proceeds Rate Term* 2,00% $88.200 7,00% 0,00% $80.000 6,00% $8.200 Payment Balance 30 598,77 30 479,64 30 119,13 $30.239,19 $24.809,67 5.429,52 #6 Incremental Cost *Should be the same term for both loans For #6, calculate the incremental cost of financing a higher amount, after you have taken into consideration the points. Chapter 6 Incremental Cost Holding period 25 Loan Points $90.000 $80.000 $10.000 Loan Proceeds Rate Term* 2,00% $88.200 7,00% 0,00% $80.000 6,00% $8.200 Payment Balance 30 598,77 30 479,64 30 119,13 $30.239,19 $24.809,67 5.429,52 #6 Incremental Cost *Should be the same term for both loans For #6, calculate the incremental cost of financing a higher amount, after you have taken into consideration the pointsStep by Step Solution
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