Project Description:
You are budgeting for the purchase of a new automobile. Youare evaluating your expenses to determine the monetary resourcesavailable for a monthly payment. As part of the project you willperform What-IF Analysis and complete an amortizationschedule.
Instructions:
For the purpose of grading the project you are required toperform the following tasks:
|
Step |
Instructions |
Points Possible |
|---|---|---|
|
1 |
Download and open the file namedexploring_e06_grader_a1.xlsx, and then save the file asexploring_e06_grader_a1_LastFirst, replacingLastFirst with your name. |
0 |
|
2 |
Use Goal Seek to set the monthly payment of the auto loan to$304.69 (15% of available capital) by changing thepurchase price in cell OR
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