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Create a worksheet that contains data

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Reference no: EM133153872

On a new sheet of the same file, create a worksheet that contains data and a calculation determining monthly payments for a proposed purchase. Include the following:

-Identify your dream vehicle (plane, automobile, boat, etc.) and estimate its cost and the annual interest rate if you financed its purchase.

-Enter text labels in Column A for Loan Amount, Interest Rate (APR), Term in Years, Payment, etc., onto the spreadsheet.

-Enter the numbers for each item in Column B, except the monthly payment of course. We'll use a function to determine this.

-Apply appropriate number formatting (currency, percentage) where appropriate.

-To calculate the monthly payments, use the PMT function with cell references. Ensure you are converting the term and interest per the tutorial. Do so within the function.

Reference no: EM133153872

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