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Youjust graduated college with your Bachelors Degree and accepted a job offer at your dream company. You decided to celebrate by purchasing a brand new

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Youjust graduated college with your Bachelors Degree and accepted a job offer at your dream company. You decided to celebrate by purchasing a brand new Tesla Model 3 for $50,000. You have a 720 credit score, therefore you were able to get a 6% interest rate on a 4 year loan. You will be making monthly payments. Using Excel, prepare a professional amortization schedule for the entire 4 years. It must include the payment and the total amount of interest you will pay over the 4 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 4 years). The Excel cells must contain formulas when appropriate, I recommend cell referencing, both relative and absolute

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