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please show me the fuctions on excel yess i am looking for the functions on excel ULUWO Mortgage Problem worksheet (either the 15 year plan
please show me the fuctions on excel
yess i am looking for the functions on excel
ULUWO Mortgage Problem worksheet (either the 15 year plan or 30 year plan, can you build an additional schedule which wil Homework Problem Based on your choice from the "Mortgage Problem" worksheet (either the 15 year plan or 30 year plan), can you build an additional schedule which will allow you to make additional payments (to help speed up paying off your mortgage and saving on interest)? Can you project how much time and interest will be saved if on your first five payments you pay an additional $1,000 each time? Below is a copy of how your Data Section should be set up to drive your payment schedule: Here is an example of how the ole of your loan schedule should look: Payment Schedule (PMT) (IPMT) (PPMT) Period Payment Interest Principle Outstanding Balance TO Data Section Annual Rate: Number of periods (or payments) per year. Number of Years Number of Periods (nper): Rate per period (rate): Present Value (pv) Future Value (fv) - Payment (PMT) =PMT(rate,nper.pv.fv.type) Type (type): 13 12 13 14 ? ? 2 2 7 ? ? ? 10 17 18 ULUWO Mortgage Problem worksheet (either the 15 year plan or 30 year plan, can you build an additional schedule which wil Homework Problem Based on your choice from the "Mortgage Problem" worksheet (either the 15 year plan or 30 year plan), can you build an additional schedule which will allow you to make additional payments (to help speed up paying off your mortgage and saving on interest)? Can you project how much time and interest will be saved if on your first five payments you pay an additional $1,000 each time? Below is a copy of how your Data Section should be set up to drive your payment schedule: Here is an example of how the ole of your loan schedule should look: Payment Schedule (PMT) (IPMT) (PPMT) Period Payment Interest Principle Outstanding Balance TO Data Section Annual Rate: Number of periods (or payments) per year. Number of Years Number of Periods (nper): Rate per period (rate): Present Value (pv) Future Value (fv) - Payment (PMT) =PMT(rate,nper.pv.fv.type) Type (type): 13 12 13 14 ? ? 2 2 7 ? ? ? 10 17 18 Step by Step Solution
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