Sponsorship $ 25,000 Fundraising Loan (remainder of trip expenses, or minimum of $10,000) 100 Link or citation Must be different rates Invest 30% of budget balance for 5 years $100 monthly for 5 years Principal formula Payment r = APR number Link or citation r = APR number In = # periods per year number In = # periods penumber t = # of years number t = # of years number Total in 5 years formula Total in 5 years formula Like Topic 6 DQ 1 Like Topic 5 DO 2 Bank A Principal Formula Link or citation r = APR number In = # periods per yea number t = # of years number Payment formula Bank B Formula Link or citation number number number formula Must be different years formula Total Paid Total interest formula formula formula Like Major Assignment 1 Loan Tab Discuss reasons for choosing one loan over the other. Population Projection Current population Number Annual Growth Rate Number Projected Population formula Like Topic 6 DQ1 Link or citation Sponsorship $ 25,000 Fundraising Loan (remainder of trip expenses, or minimum of $10,000) 100 Link or citation Must be different rates Invest 30% of budget balance for 5 years $100 monthly for 5 years Principal formula Payment r = APR number Link or citation r = APR number In = # periods per year number In = # periods penumber t = # of years number t = # of years number Total in 5 years formula Total in 5 years formula Like Topic 6 DQ 1 Like Topic 5 DO 2 Bank A Principal Formula Link or citation r = APR number In = # periods per yea number t = # of years number Payment formula Bank B Formula Link or citation number number number formula Must be different years formula Total Paid Total interest formula formula formula Like Major Assignment 1 Loan Tab Discuss reasons for choosing one loan over the other. Population Projection Current population Number Annual Growth Rate Number Projected Population formula Like Topic 6 DQ1 Link or citation