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Use Excel's PMT and built - in mortgage functions to complete the dynamic mortgage refinancing model. Enter the necessary functions, formulas in cells C 9
Use Excel's PMT and builtin mortgage functions to complete the dynamic mortgage refinancing model. Enter the necessary functions, formulas in cells C C F F F Cmust contain if and C Complete the FindIndifRate Sub in VBA which solves for the rate of new mortgage for which the user will be indifferent between refinancing and keeping the original mortgage this rate will be displayed in C You model should provide the answer to Solution? example as well as replicate the results for all examples.
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