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Use Excel – Must demonstrate your detailed calculations by embedding

Use Excel –  Must demonstrate your detailed calculations by embedding the formulas/functions in the cells 

 Problems are on pages (CHPT 11) 36&37 & CHPT 15 (21) attached 

 Chapter 11, Problem 2

When calculating the annual loan payment, solve using monthly compounding, then multiply that number by 12 months to get the annual amount for use in the remaining calculations.

  • Chapter 11, Problem 5
  • Chapter 15, Problem 1
  • Chapter 15, Problem 2

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