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  • Goal Seek

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    lawrencs14
    7 views1 page
    This document contains a table showing monthly loan payments over different terms (36, 48 months) and interest rates (8-13.5%) for a $25,000 loan. It uses the Goal Seek and Data Table commands to calculate the monthly payment for a 10% interest rate over 36 months ($806.68) and displays other payment amounts based on varying terms and interest rates.

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    This document contains a table showing monthly loan payments over different terms (36, 48 months) and interest rates (8-13.5%) for a $25,000 loan. It uses the Goal Seek and Data Table commands to calculate the monthly payment for a 10% interest rate over 36 months ($806.68) and displays other payment amounts based on varying terms and interest rates.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    7 views1 page

    Goal Seek

    Uploaded by

    lawrencs14
    This document contains a table showing monthly loan payments over different terms (36, 48 months) and interest rates (8-13.5%) for a $25,000 loan. It uses the Goal Seek and Data Table commands to calculate the monthly payment for a 10% interest rate over 36 months ($806.68) and displays other payment amounts based on varying terms and interest rates.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Car Payment

    Monthly Payment
    Number of Payments
    Interest Rate
    Price
    $806.68
    8.0%
    8.5%
    9.0%
    9.5%
    10.0%
    10.5%
    11.0%
    11.5%
    12.0%
    12.5%
    13.0%
    13.5%
    1
    2
    3
    4
    5

    $807
    36 < 3. Used GoalSeek to find the
    10% monthly payment to pay back a
    $25,000 $25000 loan with 10 percent
    interest over 36 months
    24
    $1,130.68
    $1,136.39
    $1,142.12
    $1,147.86
    $1,153.62
    $1,159.40
    $1,165.20
    $1,171.01
    $1,176.84
    $1,182.68
    $1,188.55
    $1,194.43

    36
    $783.41
    $789.19
    $794.99
    $800.82
    $806.68
    $812.56
    $818.47
    $824.40
    $830.36
    $836.34
    $842.35
    $848.38

    48
    $610.32
    $616.21
    $622.13
    $628.08
    $634.06
    $640.08
    $646.14
    $652.23
    $658.35
    $664.50
    $670.69
    $676.91

    Text To Columns Command


    Scenarios
    Goal Seek
    Delimeter
    Data Table

    Workbook2

    /
    /
    /
    \

    5. Data Table
    \
    \

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