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Determine the number of months these loans will be paid

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Reference no: EM132490936

Question 1: Insert a formula that will determine the number of Months these loans will be paid.

Question 2: Insert a formula that will determine the Monthly Payments.

Question 3: Insert a formula for the Total Payments.

Question 4: Insert a formula to determine the Total Interest paid.

 

B                                C

D                 E

Computers

 

 

 

 

Dollar

 

 

Monthly

Total

Total

2

 

Amount

Interest

Years           Months

Payment

Payments

Interest

 

Mac Book

 

 

 

 

3

Pro

$ 3,000.00

3.10%

3

 

4

HP Elite

$ 2,500.00

3.90%                 2

 

Dell 1000      $ 1,999.00            2.90%                4

6

 

Reference no: EM132490936

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