What values do you need to input for set cell and to value

Assignment Help Finance Basics
Reference no: EM131603002

Discussion: Determine Input Values Using Goal Seek

Using the Home Loan worksheet, let's practice using Goal Seek. We want to determine the cost of a home in order to achieve a $600 monthly mortgage. Using your monthly payment, desired monthly payment, and current cost of home, calculate the new cost of home to have a $600 monthly mortgage. Save your work for tomorrow's practical question.

Where is Goal Seek located? What values do you need to input for Set cell, To value, and By changing cell? To achieve a $600 monthly mortgage, what is the new Cost of Home?

Reference no: EM131603002

Questions Cloud

Define the basic concepts used in discipline of sociology : Identify the most important step in the student's guide to research that you would need in order to analyze bullying.
Participating in illegal business practices : Find a newspaper article relating to a company or person violating business ethics or participating in illegal business practices.
Brainstorming for a team activity : 1. Explain in a sentence or two the benefits of using brainstorming for a team activity.
What would you do : If you walked into a completely empty room - no one was around or could see you - and there was a $20 bill on the floor. What would you do?
What values do you need to input for set cell and to value : What values do you need to input for Set cell, To value, and By changing cell? To achieve a $600 monthly mortgage, what is the new Cost of Home?
Relationship between leaders and followers : Relationship-oriented leaders establish mutual trust, respect, and listen to employee needs. The relationship between leaders and followers is very important.
Why did you select this particular speaker : What stereotype-prejudice, subordination, or discrimination-is the in-group challenging? Provide specific examples and explain in around 300 words.
Meetings regarding paper : How far before the Capstone class takes place should students start having meetings regarding their paper?
Describe a typical innovation stream : What are innovation streams? Describe a typical innovation stream.

Reviews

Write a Review

Finance Basics Questions & Answers

  Explain what is etcs value

Explain what is the value of ETC according to MM with corporate taxes and What is ETC's value

  Twenty-three years and the salaries grow

If your daughter wants to earn $215,000 within the next twenty-three years and the salaries grow at 4.45% per year. What salary should she start to reach.

  Do you believe that this is an acceptable practice

In order to recoup those costs, some bond rating agencies have tied their ratings to the purchase of additional services. Do you believe that this is an acceptable practice? Defend your position.

  Find an article about a company reporting key financial news

find an article about a company reporting key financial news (e.g. landing a large contract, reporting unusual profits or losses, expressing concern for future profitability, etc.).

  Inventory turnover ratio and days

Sorenson Inc. has sales of $4,056,000, a gross profit margin of 38.55 percent, and inventory of $1,139,000. What are the company's inventory turnover ratio and days' sales in inventory? (Round inventory turnover ratio to 3 decimal places, e.g. 12...

  What is the current value of the lease

Payments are due on the first day of each month starting with the day you sign the lease contract. If your cost of money is 6.5 percent, what is the current value of the lease?

  Adequate resources to pay the interest due to creditors

Jose, a financial expert of Cerione Ltd., analyzes the data given below. What conclusion is he likely to arrive at?

  Expected return and standard deviation of a portfolio is

If the correlation between Stock A and the market is 0.70, then what is Stock A's beta? Stock A has an expected return of 12% and a standard deviation of 40%. Stock B has an expected return of 18% and a standard deviation of 60%. The correlation coef..

  What required rates of return would make you indifferent

Capital Cities ABC, Inc. bonds with a par value of $1,000, that pays an 8.75 percent on its par value in interest, sells for $1,314, and matures in 12 years.

  How much will the price per share of the firm increase

(II) Grow earnings at an annual rate of 8%, but with a reduction in payout to only 40%. Again no other financing will be necessary apart from this plowback. By how much will the price per share of the firm increase (in dollars) if it adopts the right..

  What is calibration with respect to the bsm model

What is calibration with respect to the BSM model? Explain how to use calibration correctly. When is calibration used incorrectly?

  Describe the date alice

Describe the date Alice must start taking distributions from the account.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd