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Use Microsoft Excel and complete the following 5 questions. You must reference your cells as well as type the formulas correctly. Please follow the PV,
Use Microsoft Excel and complete the following 5 questions. You must reference your cells as well as type the formulas correctly. Please follow the PV, FV, PMT, R, N, B/E format as taught in class.
Sarah wants to buy a car. She can only afford a $350 car payment. She is given a financing option from Money Financial, Inc. which will allow him to repay the loan over 4 years. The interest rate is 4.3%. Can Sarah purchase the car if the financing amount is $16,000? If not, how much can she afford to finance?
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