with this given information how do i calculate the total interest for each column in B, C, and D. Also, how do you calculate the cost/saving for rows B,C,D 2 3 Purchase Price 4 Down Payment 5 Term Months 6 Yearly Rate 7 Promotions 8 College Grad 9 Financing Rebate 10 11 Calculations 12 Amount Financed 13 Monthly Payment 14 Total Interest 15 Savings/Cost 16 No Rebate C 30,000 2,000 60 5.50% 0 0 28,000 1,605 $500 Rebate 30,000 2,000 66 5.25% 300 500 27,200 1,478 $2000 Rebate 30,000 2,000 72 4.99% 300 1,250 26,450 1,361
with this given information how do i calculate the total interest for each column in B, C, and D. Also, how do you calculate the cost/saving for rows B,C,D 2 3 Purchase Price 4 Down Payment 5 Term Months 6 Yearly Rate 7 Promotions 8 College Grad 9 Financing Rebate 10 11 Calculations 12 Amount Financed 13 Monthly Payment 14 Total Interest 15 Savings/Cost 16 No Rebate C 30,000 2,000 60 5.50% 0 0 28,000 1,605 $500 Rebate 30,000 2,000 66 5.25% 300 500 27,200 1,478 $2000 Rebate 30,000 2,000 72 4.99% 300 1,250 26,450 1,361
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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Oo.39.
subject :- Account
Transcribed Image Text:with this given information how do i calculate the total interest for each column in B, C, and D. Also, how do you calculate the cost/saving for rows B,C,D?
2
3 Purchase Price
4 Down Payment
Term Months
5
6 Yearly Rate
7 Promotions
8 College Grad
9
10
11 Calculations
12
13
14
15
16
17
Financing Rebate
Amount Financed
Monthly Payment
Total Interest
Savings/Cost
No Rebate
Ĉ
30,000
2,000
60
5.50%
0
0
28,000
1,605
+
$500 Rebate
30,000
2,000
66
5.25%
300
500
27,200
1,478
$2000 Rebate
30,000
2,000
72
4.99%
300
1,250
26,450
1,361
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