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FINANCIAL FUNCTIONS D USING FINANCIAL FUNCTIONS E 1 3 4 YEARLY 5 PRINCIPAL INTEREST R/PERIOD(MONTHS) 6.00% 6.50% 7.00% PMT TO
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Answer #1
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YEARLY
PRINCIPAL INTEREST RATE PERIOD (MONTHS) PMT TOTAL PAID
8500 6.00% 48 ($ 199.62) ($ 9,581.89)
8500 6.50% 48 ($ 201.58) ($ 9,675.70)
8500 7.00% 72 ($ 144.92) ($ 10,433.99)
8500 7.50% 48 ($ 205.52) ($ 9,864.99)
8500 8.00% 60 ($ 172.35) ($ 10,340.96)
8500 16.50% 48 ($ 243.07) ($ 11,667.58)
YEARLY
INTEREST RATE PERIOD (MONTHS) PMT PRESENT VALUE
6.00% 48 200 ($ 8,516.06)
6.50% 60 200 ($ 10,221.74)
7.00% 72 200 ($ 11,730.89)
7.50% 48 200 ($ 8,271.67)
8.00% 60 200 ($ 9,863.69)
16.50% 48 200 ($ 6,993.74)
YEARLY
INTEREST RATE PERIOD (MONTHS) PMT FUTURE VALUE
6.00% 48 200 ($ 10,819.57)
6.50% 60 200 ($ 14,134.79)
7.00% 72 200 ($ 17,832.19)
7.50% 48 200 ($ 11,155.17)
8.00% 60 200 ($ 14,695.37)
16.50% 48 200 ($ 13,470.73)
7.00% 240 180000 ($ 93,766,798.77)

Here is the formula version

A E 1 2 31 48 YEARLY 5 PRINCIPAL INTEREST RATE PERIOD (MONTHS) PMT TOTAL PAID 6 8500 0.06 =PMT(B6/12,C6,46) =C6*D6 7 8500 0.0

200 60 YEARLY INTEREST RATE PERIOD (MONTHS) PMT 0.06 0.065 200 0.07 200 0.075 200 0.08 200 0.165 200 0.07 240 180000 72 FUTUR

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