Referencing Using Excel to Compute Interest and Maturity Date PROBLEM Compute interest and find the maturity date for the following notes using Excel's DATE function. Base the interest calculation on 360 days per year. Student Work Area Required: Provide input into cells shaded in yellow in this template. Use mathematical formulas with cell references to the Problem area. Date of Note Face Value Interest Terms in Date of Note Interest Maturity Date Month Day 10 Year Rate % Days June 10 6 $ 80,000 $ 50,000 $ 12,000 2022 6% 60 14 2022 7% 90 July 14 4 27 2022 8% 75 Answer Field April 27 Formula: Multiply, Divide; Cell reference. Input a mathematical formula with a cell reference t Problem area.
Referencing Using Excel to Compute Interest and Maturity Date PROBLEM Compute interest and find the maturity date for the following notes using Excel's DATE function. Base the interest calculation on 360 days per year. Student Work Area Required: Provide input into cells shaded in yellow in this template. Use mathematical formulas with cell references to the Problem area. Date of Note Face Value Interest Terms in Date of Note Interest Maturity Date Month Day 10 Year Rate % Days June 10 6 $ 80,000 $ 50,000 $ 12,000 2022 6% 60 14 2022 7% 90 July 14 4 27 2022 8% 75 Answer Field April 27 Formula: Multiply, Divide; Cell reference. Input a mathematical formula with a cell reference t Problem area.
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
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Please see below. I need help with this excel sheet. Please note that this problem requires cell referencing and particular formulas to get the correct answers. Please be sure to include these items as listed in the feedback portion of the pictures. Note that the pictures are for the same problem, I have just included the separate feedback parts for specification purposes.
Transcribed Image Text:1 Function: DATE; Formula: Add, Multiply, Divide; Cell Referencing
Q
R
S
2
3 Using Excel to Compute Interest and Maturity Date
Student Work Area
Required: Provide input into cells shaded in yellow in this template. Use
mathematical formulas with cell references to the Problem area.
4.
PROBLEM
5 Compute interest and find the maturity date for the following notes using
6 Excel's DATE function. Base the interest calculation on 360 days per year.
7
Date of Note
Face Value
Interest
Terms in
Month
Date of Note
Interest
Maturity Date
10
Day
Year
Rate %
Days
June 10
11
6.
10
$ 80,000
$ 50,000
$ 12,000
2022
6%
60
12
7
14
2022
7%
90
July 14
13
4
27
2022
8%
75
14
Answer Field
April 27
15
Function: DATE; Formula: Add; Cell reference.
Input the DATE function with cell references to the Problem
area, and a mathematical formula with cell references in the
Day field.
16
17
18
19
00
Transcribed Image Text:00
00 0
Conditional Forn
Formatting as Ta
70
C
IF
H.
K L
M
1 Function: DATE; Formula: Add, Multiply, Divide; Cell Referencing
T.
3 Using Excel to Compute Interest and Maturity Date
Student Work Area
4
PROBLEM
5 Compute interest and find the maturity date for the following notes using
6 Excel's DATE function. Base the interest calculation on 360 days per year.
Required: Provide input into cells shaded in yellow in this template. Use
mathematical formulas with cell references to the Problem area.
8
9
Date of Note
Face Value
Interest
Terms in
Date of Note
Interest
Maturity Date
10
Month
Day
Year
Rate %
Days
June 10
6.
$ 80,000
$ 50,000
$ 12,000
11
10
2022
6%
60
12
7
14
2022
7%
90
July 14
13
4
27
2022
8%
75
Answer Field
14
April 27
Formula: Multiply, Divide; Cell reference.
Input a mathematical formula with a cell reference to the
Problem area.
15
16
17
18
19
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