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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