“PRACTICAL # 14”

OBJECT:-
 Using spreadsheet, create the house building loan statement
according to the following instruction.

PROCEDURE:-
 Click on Start/Program/Microsoft Office/MS Excel.
 Select a new blank sheet from file menu.
 Create house building loan statement.
 Insert the formula as the given instruction.
 Set margins.
 Save file OR save as.
 For saving file click on file menu then click save OR press Ctrl+S.
 Give a name to the file. Such as "Practical # 14".
 Print the page.
 For printing page click on file menu then click print OR press Ctrl+P.
 Close the program.

FORMULA:-
1. For calculate accumulated amount,
=A5*(POWER((1+C5),B5))
2. For calculate monthly installments,
=ROUND((D5/(B5*12)),2)