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Please help answer this. Revision needed. Thank you. . Task 2: A car loan is a sum of money a buy borrows to purchase a
Please help answer this. Revision needed. Thank you.
. Task 2: A car loan is a sum of money a buy borrows to purchase a car. All car loans are for specific lengths of time, generally anywhere between 12 to 108 months in Malaysia. Create a spreadsheet in Microsoft Excel to compare 5 loan packages from 5 different banks in Malaysia. The following information should be included in the spreadsheet calculation. Usage of Microsoft Excel template is prohibited for this task. Down payment. Trade in value of old car (if any). Loan amount. Interest rate. Terms (12, 24, 36, 48, 60, 72, 84, 96 and 108 months). A comparison of monthly repayment amount in graphical format (line chart). A list of to show individual monthly repayment amount, interest amount and loan capital repayment. . . . . . Task 2: A car loan is a sum of money a buy borrows to purchase a car. All car loans are for specific lengths of time, generally anywhere between 12 to 108 months in Malaysia. Create a spreadsheet in Microsoft Excel to compare 5 loan packages from 5 different banks in Malaysia. The following information should be included in the spreadsheet calculation. Usage of Microsoft Excel template is prohibited for this task. Down payment. Trade in value of old car (if any). Loan amount. Interest rate. Terms (12, 24, 36, 48, 60, 72, 84, 96 and 108 months). A comparison of monthly repayment amount in graphical format (line chart). A list of to show individual monthly repayment amount, interest amount and loan capital repaymentStep by Step Solution
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