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There is no need to use the SkyDrive, only in excel. Please provide excel solution. thank you. Down Payment Calculator Current value of house 10%

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There is no need to use the SkyDrive, only in excel.

Please provide excel solution. thank you.

image text in transcribed
Down Payment Calculator Current value of house 10% down payment Monthly Savings Rate of Return Years to Save Future Value 4.50% 7 Down Payment Options for a Home Problem: You are planning to buy a home as soon as you can save enough to make a 10% down payment. Your task to create a calculator that you can use to determine possible savings optionsI and to share this calculator with family using SkyDrive. 1. Run Excel. Dpen the workbook Lab 43 Down Payment Calculator and save it using the le name Lab 43 Down Payment Calculator Complete. 2. Identify a home for sale in your local housing market that you would consider buying. Use the asking price for that home as the current value of the house, or use an online tool such as Ellowcom to nd the current estimated value of the home. Enter this value in your Down Payment CalculatorI and calculate the needed down payment. 3. Determine the amount you consider reasonable as a monthly savings toward a down paymentI and enter this in your down payment calculator. 4. Calculate the Future Value of your savings. using the rate of return and years to save in the worksheet. 5. Create a two-input data table that calculates the Jture value of savings. You can decide which two inputs you would like to use for your data table. E. Format the worksheet using techniques you have learned to present the worksheet content in a visualy appealing form. T". Export the le to SkyDrive in the Chapter 04 folder in the Excel folder. 3. Use the Excel Web App to create two charts showing the relationship between the future value of savings and the two inputs from your data table. 9. Submit the workbook as specified by your insbuctor. 1|]. Why did you select the two inputs used in your data table? How useful are they for evaluating down payment savings options

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