A 13 4/27/2023 0 85438-22 115227-26 2 85438-23 4 15 Down Payment 16 APR 17 Years 21 22 House Number Cost of House Down Payment Monthly Payment Viability 15227-23 $ 225,000 85438-20 250,000 15227-24 275,000 =85438-211 P15227-25 $ $ $ 18 Payments Per Year 19 Budget 20 $ $ $ $ Inputs B $ C House Loan 300,000 325,000 350,000 375,000 400,000 D 20% 4.00% 30 12 1,250 E LL G H

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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what is the formula for down payment, monthly payment and viability using IF function

A
4/27/2023
10 85438-22
11 15227-26
12 85438-23
13
14
15 Down Payment
16 APR
27
20
3
1 House Number Cost of House Down Payment Monthly Payment Viability
5 15227-23
5 85438-20
715227-24
8 85438-21
9 15227-25
SSSS.
$
$
$
$
17 Years
18 Payments Per Year
19 Budget
20
21
22
23
24
25
26
$
$
$
Inputs
B
$
House Loan
225,000
250,000
275,000
300,000
325,000
350,000
375,000
400,000
D
20%
4.00%
30
12
1,250
E
F
G
H
Transcribed Image Text:A 4/27/2023 10 85438-22 11 15227-26 12 85438-23 13 14 15 Down Payment 16 APR 27 20 3 1 House Number Cost of House Down Payment Monthly Payment Viability 5 15227-23 5 85438-20 715227-24 8 85438-21 9 15227-25 SSSS. $ $ $ $ 17 Years 18 Payments Per Year 19 Budget 20 21 22 23 24 25 26 $ $ $ Inputs B $ House Loan 225,000 250,000 275,000 300,000 325,000 350,000 375,000 400,000 D 20% 4.00% 30 12 1,250 E F G H
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