New Office Building Loan Calculator Loan Payment Calculator 9/15/21 Rate 8 Years $ (920,000) 4.45% Scenarios Renovation 20 Years $1,020,000 4.45% 0.37% Date 4.45% Loan Amount Term in Months 1,150,000 Monthly Payment 230,000 Total Interest (920,000) Total Cost Annual Interest Rate Monthly Interest Rate Loan Period in Years Property Price Charles Street 180 4.25% $7,014.45 0.35% 0.37% Down Payment Loan Amount 15 20 8. Loan Period in Months 180 1/3/22 240 96 Start Date 1/3/22 1/3/22 Varying Interest Rates and Terms Number of Months Monthly Payment Future Value (6,000) $ n/a $ (8,000) Rate n/a 120 180 240 3.95% 4.05% 4.15% 4.25% 4.35% 4.45% 4.55% 4.65% 4.75% 4.85% 4.95% 5.05% 5.15%
New Office Building Loan Calculator Loan Payment Calculator 9/15/21 Rate 8 Years $ (920,000) 4.45% Scenarios Renovation 20 Years $1,020,000 4.45% 0.37% Date 4.45% Loan Amount Term in Months 1,150,000 Monthly Payment 230,000 Total Interest (920,000) Total Cost Annual Interest Rate Monthly Interest Rate Loan Period in Years Property Price Charles Street 180 4.25% $7,014.45 0.35% 0.37% Down Payment Loan Amount 15 20 8. Loan Period in Months 180 1/3/22 240 96 Start Date 1/3/22 1/3/22 Varying Interest Rates and Terms Number of Months Monthly Payment Future Value (6,000) $ n/a $ (8,000) Rate n/a 120 180 240 3.95% 4.05% 4.15% 4.25% 4.35% 4.45% 4.55% 4.65% 4.75% 4.85% 4.95% 5.05% 5.15%
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
- In cell D7, enter a formula without using a function that multiples the Monthly_Payment (cell D6) by the Term_in_Months (cell D5) and then subtracts the Loan_Amount (cell B8) from the result to determine the total interest.
- In cell D8, enter a formula without using a function that adds the Price (cell B6) to the Total_Interest (cell D7) to determine the total cost.

Transcribed Image Text:AutoSave
a SC_EX19_4a_AisetouMagassouba_1
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Total_Int..
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1941
A
D
E
F
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1 New Office Building
2 Loan Calculator
3
Loan Payment Calculator
Scenarios
Renovation
20 Years
8 Years
$ 1,020,000
4 Date
5 Property
6 Price
7 Down Payment
8 Loan Amount
9/15/21 Rate
4.45%
Loan Amount
2$
(920,000)
Charles Street
Term in Months
180
Annual Interest Rate
4.45%
4.25%
4.45%
2$
1,150,000 Monthly Payment
230,000 Total Interest
(920,000) Total Cost
$7,014.45
Month ly Interest Rate
Loan Period in Years
0.37%
0.35%
0.37%
15
20
8
2$
Loan Period in Months
180
240
96
9
Start Date
1/3/22
1/3/22
1/3/22
2 PM
2$
Monthly Payment
Future Value
10
Varying Interest Rates and Terms
(6,000) $
(8,000)
11
Rate
Number of Months
n/a
n/a
12
120
180
240
3.95%
14
4.05%
15
4.15%
16
4.25%
it
17
4.35%
1 PM
18
4.45%
19
4.55%
20
4.65%
21
4.75%
22
4.85%
23
4.95%
24
5.05%
t
25
5.15%
Б РМ
26
27
28
29
30
31
ot
32
33
34
Documentation
Loan Calculator
Properties
Equipment Loan
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Ready
+
100%
Special_Programs_
Transfer...est copy
28 words
English (United States)
Focus
+
180%
2022-02...3 PM CB 2022-02...2.39 PM 2022-02...7.00 PM
111 11
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