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The document shows calculations for performing a goal seeking analysis to determine the monthly loan payment amount for different interest rates and number of payments when borrowing different amounts. It runs calculations changing the interest rate from 8% to lower rates of 2% and 1% as well as changing the number of payments to achieve a monthly payment goal of $3,500, $8,500, and $10,138.20. The goal seeking analysis also determines the number of payments needed to achieve a monthly payment of $3,500 when borrowing $200,000 at an interest rate of 8%.
The document shows calculations for performing a goal seeking analysis to determine the monthly loan payment amount for different interest rates and number of payments when borrowing different amounts. It runs calculations changing the interest rate from 8% to lower rates of 2% and 1% as well as changing the number of payments to achieve a monthly payment goal of $3,500, $8,500, and $10,138.20. The goal seeking analysis also determines the number of payments needed to achieve a monthly payment of $3,500 when borrowing $200,000 at an interest rate of 8%.
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Attribution Non-Commercial (BY-NC)
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Descargue como XLSX, PDF, TXT o lea en línea desde Scribd
The document shows calculations for performing a goal seeking analysis to determine the monthly loan payment amount for different interest rates and number of payments when borrowing different amounts. It runs calculations changing the interest rate from 8% to lower rates of 2% and 1% as well as changing the number of payments to achieve a monthly payment goal of $3,500, $8,500, and $10,138.20. The goal seeking analysis also determines the number of payments needed to achieve a monthly payment of $3,500 when borrowing $200,000 at an interest rate of 8%.
Copyright:
Attribution Non-Commercial (BY-NC)
Formatos disponibles
Descargue como XLSX, PDF, TXT o lea en línea desde Scribd
(International Political Economy Series) Gopinath Pillai (Eds.) - The Political Economy of South Asian Diaspora - Patterns of Socio-Economic Influence-Palgrave Macmillan UK (2013)