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Basic Calculations 1.

Enter the following data: A B 1 Buying an HDTV 2 3 Dream Television LCD Plasma Total Diff Avg Max 4 Price 5 Payments 6 Interest Rate 7 Finance Chg 8 Amt Financed 2. 3. 4. 5. 6. 9 Est Monthly Pmt In cell D4, calculate the total price of both televisions together. In cell D5, calculate the total payments made for both televisions. In cell E4, calculate the difference in price between the two televisions. In cell E5, calculate the difference between the number of payments. In cell B7, calculate the finance charge for the LCD television. TIP: Multiply its price by the interest rate. 7. In cell B8, calculate the amount financed. TIP: Add the price and the finance charge. 9. In cell B9, calculate the estimated monthly payment for the LCD television. TIP: Divide the amount financed by the number of payments. 10. In cell F4, calculate the average price of both televisions. 11. In cell G7, calculate the maximum finance charge. 12. Calculate the finance charge, amount financed, and estimated monthly payment on the Plasma television. 4000 17000 36 .11 24 .12

When you're done, the worksheet should look like this:

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