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You just graduated college with your Bachelors Degree and accepted a job offer at your dream company. You decided to celebrate by purchasing a Tesla
You just graduated college with your Bachelors Degree and accepted a job offer at your dream company. You decided to celebrate by purchasing a Tesla Model S for $ You have a credit score, therefore you were able to get a annual percentage rate APR on a year loan. You will be making monthly payments starting on July Using Excel, prepare a professional amortization schedule for the entire years. It must include the payment and the total amount of interest you will pay by month over the years. Hint: interest rates are annual, you must convert them to monthly and the periods must be in months, for example, how many months are in years The Excel cells must contain formulas when appropriate, I recommend cell referencing, and using both relative and absolute Use the PMT function for the payment. DO NOT use the PPMT or the IPMT functions.
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