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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 Long Range as you need to drive a lot for work see picture above 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 September Using Excel, prepare a professional amortization schedule for the entire years, by MONTH. It must include the payment and the total amount of interest you will pay by each 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. DO NOT use an Excel Template, you must create this yourself.
You needed to show the beginning balance, interest, principle, payment and ending balance for each of the periods with Excel calculations for all periods.
Deliverables: One Excel file named YOURNAME Excel ch xlsx
It will be the professional Excel Spreadsheet using Excel formulas and doing the calculations in Excel It MUST be an Excel file and be uploaded to this assignment.
the picture is what I have so far,I just want to make sure my answers are correct.
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