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Joanne Krol wants to purchase a newer model automobile to replace her rusty car.

The bank where Joanne has a checking accou


cars. Under her current budget, Joanne figures that the maximum monthly loan payment she can afford is $1500.
Required:
1.      She wants to find out the maximum car price she can afford and keep the monthly payment no higher than $1500. She can
2.      Use the Excel Goal Seek command to figure out the monthly payment that she has to pay if she decides to take a loan of $
3.      Assuming that she takes a loan of Rs.50000 at 6.75 percent for 360 months, prepare a loan amortization schedule for her.
4. Insert a scroll bar sensitivity index, for her to see the impact of the change in monthly payment on the loan amount that sh
Maximum $5000 with a change of $10 upon each click)

Q1 PMT $ 1,500 Q2 PMT


Interest Rate 6.75% Interest Rate
Time 3 years Time
36 months

Loan Amount ($48,760.00) Loan Amount

pv 50000
intrest rate 6.75%
nper 360 MONTHS
pmt ₹ -324.30

installetion date pmt principal intersest


0 1-Sep-21
1 30-Sep-21 ₹ -324.30 ₹ -43.05 ₹ -281.25
2 31-Oct-21 ₹ -324.30 ₹ -43.29 ₹ -281.01
3 30-Nov-21 ₹ -324.30 ₹ -43.53 ₹ -280.76
4 31-Dec-21 ₹ -324.30 ₹ -43.78 ₹ -280.52
5 31-Jan-22 ₹ -324.30 ₹ -44.03 ₹ -280.27
6 28-Feb-22 ₹ -324.30 ₹ -44.27 ₹ -280.03
7 31-Mar-22 ₹ -324.30 ₹ -44.52 ₹ -279.78
8 30-Apr-22 ₹ -324.30 ₹ -44.77 ₹ -279.53
9 31-May-22 ₹ -324.30 ₹ -45.02 ₹ -279.27
10 30-Jun-22 ₹ -324.30 ₹ -45.28 ₹ -279.02
11 31-Jul-22 ₹ -324.30 ₹ -45.53 ₹ -278.77
12 31-Aug-22 ₹ -324.30 ₹ -45.79 ₹ -278.51
13 30-Sep-22 ₹ -324.30 ₹ -46.05 ₹ -278.25
14 31-Oct-22 ₹ -324.30 ₹ -46.31 ₹ -277.99
15 30-Nov-22 ₹ -324.30 ₹ -46.57 ₹ -277.73
16 31-Dec-22 ₹ -324.30 ₹ -46.83 ₹ -277.47
17 31-Jan-23 ₹ -324.30 ₹ -47.09 ₹ -277.21
18 28-Feb-23 ₹ -324.30 ₹ -47.36 ₹ -276.94
19 31-Mar-23 ₹ -324.30 ₹ -47.62 ₹ -276.68
20 30-Apr-23 ₹ -324.30 ₹ -47.89 ₹ -276.41
21 31-May-23 ₹ -324.30 ₹ -48.16 ₹ -276.14
22 30-Jun-23 ₹ -324.30 ₹ -48.43 ₹ -275.87
23 31-Jul-23 ₹ -324.30 ₹ -48.70 ₹ -275.60
24 31-Aug-23 ₹ -324.30 ₹ -48.98 ₹ -275.32
25 30-Sep-23 ₹ -324.30 ₹ -49.25 ₹ -275.05
26 31-Oct-23 ₹ -324.30 ₹ -49.53 ₹ -274.77
27 30-Nov-23 ₹ -324.30 ₹ -49.81 ₹ -274.49
28 31-Dec-23 ₹ -324.30 ₹ -50.09 ₹ -274.21
29 31-Jan-24 ₹ -324.30 ₹ -50.37 ₹ -273.93
30 29-Feb-24 ₹ -324.30 ₹ -50.65 ₹ -273.65
31 31-Mar-24 ₹ -324.30 ₹ -50.94 ₹ -273.36
32 30-Apr-24 ₹ -324.30 ₹ -51.22 ₹ -273.07
33 31-May-24 ₹ -324.30 ₹ -51.51 ₹ -272.79
34 30-Jun-24 ₹ -324.30 ₹ -51.80 ₹ -272.50
35 31-Jul-24 ₹ -324.30 ₹ -52.09 ₹ -272.20
36 31-Aug-24 ₹ -324.30 ₹ -52.39 ₹ -271.91
37 30-Sep-24 ₹ -324.30 ₹ -52.68 ₹ -271.62
38 31-Oct-24 ₹ -324.30 ₹ -52.98 ₹ -271.32
39 30-Nov-24 ₹ -324.30 ₹ -53.28 ₹ -271.02
40 31-Dec-24 ₹ -324.30 ₹ -53.58 ₹ -270.72
41 31-Jan-25 ₹ -324.30 ₹ -53.88 ₹ -270.42
42 28-Feb-25 ₹ -324.30 ₹ -54.18 ₹ -270.12
43 31-Mar-25 ₹ -324.30 ₹ -54.49 ₹ -269.81
44 30-Apr-25 ₹ -324.30 ₹ -54.79 ₹ -269.51
45 31-May-25 ₹ -324.30 ₹ -55.10 ₹ -269.20
46 30-Jun-25 ₹ -324.30 ₹ -55.41 ₹ -268.89
47 31-Jul-25 ₹ -324.30 ₹ -55.72 ₹ -268.58
48 31-Aug-25 ₹ -324.30 ₹ -56.03 ₹ -268.26
49 30-Sep-25 ₹ -324.30 ₹ -56.35 ₹ -267.95
50 31-Oct-25 ₹ -324.30 ₹ -56.67 ₹ -267.63
51 30-Nov-25 ₹ -324.30 ₹ -56.99 ₹ -267.31
52 31-Dec-25 ₹ -324.30 ₹ -57.31 ₹ -266.99
53 31-Jan-26 ₹ -324.30 ₹ -57.63 ₹ -266.67
54 28-Feb-26 ₹ -324.30 ₹ -57.95 ₹ -266.35
55 31-Mar-26 ₹ -324.30 ₹ -58.28 ₹ -266.02
56 30-Apr-26 ₹ -324.30 ₹ -58.61 ₹ -265.69
57 31-May-26 ₹ -324.30 ₹ -58.94 ₹ -265.36
58 30-Jun-26 ₹ -324.30 ₹ -59.27 ₹ -265.03
59 31-Jul-26 ₹ -324.30 ₹ -59.60 ₹ -264.70
60 31-Aug-26 ₹ -324.30 ₹ -59.94 ₹ -264.36
61 30-Sep-26 ₹ -324.30 ₹ -60.27 ₹ -264.03
62 31-Oct-26 ₹ -324.30 ₹ -60.61 ₹ -263.69
63 30-Nov-26 ₹ -324.30 ₹ -60.95 ₹ -263.35
64 31-Dec-26 ₹ -324.30 ₹ -61.30 ₹ -263.00
65 31-Jan-27 ₹ -324.30 ₹ -61.64 ₹ -262.66
66 28-Feb-27 ₹ -324.30 ₹ -61.99 ₹ -262.31
67 31-Mar-27 ₹ -324.30 ₹ -62.34 ₹ -261.96
68 30-Apr-27 ₹ -324.30 ₹ -62.69 ₹ -261.61
69 31-May-27 ₹ -324.30 ₹ -63.04 ₹ -261.26
70 30-Jun-27 ₹ -324.30 ₹ -63.39 ₹ -260.90
71 31-Jul-27 ₹ -324.30 ₹ -63.75 ₹ -260.55
72 31-Aug-27 ₹ -324.30 ₹ -64.11 ₹ -260.19
73 30-Sep-27 ₹ -324.30 ₹ -64.47 ₹ -259.83
74 31-Oct-27 ₹ -324.30 ₹ -64.83 ₹ -259.47
75 30-Nov-27 ₹ -324.30 ₹ -65.20 ₹ -259.10
76 31-Dec-27 ₹ -324.30 ₹ -65.56 ₹ -258.73
77 31-Jan-28 ₹ -324.30 ₹ -65.93 ₹ -258.37
78 29-Feb-28 ₹ -324.30 ₹ -66.30 ₹ -257.99
79 31-Mar-28 ₹ -324.30 ₹ -66.68 ₹ -257.62
80 30-Apr-28 ₹ -324.30 ₹ -67.05 ₹ -257.25
81 31-May-28 ₹ -324.30 ₹ -67.43 ₹ -256.87
82 30-Jun-28 ₹ -324.30 ₹ -67.81 ₹ -256.49
83 31-Jul-28 ₹ -324.30 ₹ -68.19 ₹ -256.11
84 31-Aug-28 ₹ -324.30 ₹ -68.57 ₹ -255.73
85 30-Sep-28 ₹ -324.30 ₹ -68.96 ₹ -255.34
86 31-Oct-28 ₹ -324.30 ₹ -69.35 ₹ -254.95
87 30-Nov-28 ₹ -324.30 ₹ -69.74 ₹ -254.56
88 31-Dec-28 ₹ -324.30 ₹ -70.13 ₹ -254.17
89 31-Jan-29 ₹ -324.30 ₹ -70.52 ₹ -253.78
90 28-Feb-29 ₹ -324.30 ₹ -70.92 ₹ -253.38
91 31-Mar-29 ₹ -324.30 ₹ -71.32 ₹ -252.98
92 30-Apr-29 ₹ -324.30 ₹ -71.72 ₹ -252.58
93 31-May-29 ₹ -324.30 ₹ -72.12 ₹ -252.17
94 30-Jun-29 ₹ -324.30 ₹ -72.53 ₹ -251.77
95 31-Jul-29 ₹ -324.30 ₹ -72.94 ₹ -251.36
96 31-Aug-29 ₹ -324.30 ₹ -73.35 ₹ -250.95
97 30-Sep-29 ₹ -324.30 ₹ -73.76 ₹ -250.54
98 31-Oct-29 ₹ -324.30 ₹ -74.18 ₹ -250.12
99 30-Nov-29 ₹ -324.30 ₹ -74.59 ₹ -249.71
100 31-Dec-29 ₹ -324.30 ₹ -75.01 ₹ -249.29
101 31-Jan-30 ₹ -324.30 ₹ -75.43 ₹ -248.86
102 28-Feb-30 ₹ -324.30 ₹ -75.86 ₹ -248.44
103 31-Mar-30 ₹ -324.30 ₹ -76.29 ₹ -248.01
104 30-Apr-30 ₹ -324.30 ₹ -76.71 ₹ -247.58
105 31-May-30 ₹ -324.30 ₹ -77.15 ₹ -247.15
106 30-Jun-30 ₹ -324.30 ₹ -77.58 ₹ -246.72
107 31-Jul-30 ₹ -324.30 ₹ -78.02 ₹ -246.28
108 31-Aug-30 ₹ -324.30 ₹ -78.46 ₹ -245.84
109 30-Sep-30 ₹ -324.30 ₹ -78.90 ₹ -245.40
110 31-Oct-30 ₹ -324.30 ₹ -79.34 ₹ -244.96
111 30-Nov-30 ₹ -324.30 ₹ -79.79 ₹ -244.51
112 31-Dec-30 ₹ -324.30 ₹ -80.24 ₹ -244.06
113 31-Jan-31 ₹ -324.30 ₹ -80.69 ₹ -243.61
114 28-Feb-31 ₹ -324.30 ₹ -81.14 ₹ -243.16
115 31-Mar-31 ₹ -324.30 ₹ -81.60 ₹ -242.70
116 30-Apr-31 ₹ -324.30 ₹ -82.06 ₹ -242.24
117 31-May-31 ₹ -324.30 ₹ -82.52 ₹ -241.78
118 30-Jun-31 ₹ -324.30 ₹ -82.98 ₹ -241.32
119 31-Jul-31 ₹ -324.30 ₹ -83.45 ₹ -240.85
120 31-Aug-31 ₹ -324.30 ₹ -83.92 ₹ -240.38
121 30-Sep-31 ₹ -324.30 ₹ -84.39 ₹ -239.91
122 31-Oct-31 ₹ -324.30 ₹ -84.86 ₹ -239.43
123 30-Nov-31 ₹ -324.30 ₹ -85.34 ₹ -238.96
124 31-Dec-31 ₹ -324.30 ₹ -85.82 ₹ -238.48
125 31-Jan-32 ₹ -324.30 ₹ -86.30 ₹ -237.99
126 29-Feb-32 ₹ -324.30 ₹ -86.79 ₹ -237.51
127 31-Mar-32 ₹ -324.30 ₹ -87.28 ₹ -237.02
128 30-Apr-32 ₹ -324.30 ₹ -87.77 ₹ -236.53
129 31-May-32 ₹ -324.30 ₹ -88.26 ₹ -236.04
130 30-Jun-32 ₹ -324.30 ₹ -88.76 ₹ -235.54
131 31-Jul-32 ₹ -324.30 ₹ -89.26 ₹ -235.04
132 31-Aug-32 ₹ -324.30 ₹ -89.76 ₹ -234.54
133 30-Sep-32 ₹ -324.30 ₹ -90.27 ₹ -234.03
134 31-Oct-32 ₹ -324.30 ₹ -90.77 ₹ -233.53
135 30-Nov-32 ₹ -324.30 ₹ -91.28 ₹ -233.01
136 31-Dec-32 ₹ -324.30 ₹ -91.80 ₹ -232.50
137 31-Jan-33 ₹ -324.30 ₹ -92.31 ₹ -231.98
138 28-Feb-33 ₹ -324.30 ₹ -92.83 ₹ -231.47
139 31-Mar-33 ₹ -324.30 ₹ -93.36 ₹ -230.94
140 30-Apr-33 ₹ -324.30 ₹ -93.88 ₹ -230.42
141 31-May-33 ₹ -324.30 ₹ -94.41 ₹ -229.89
142 30-Jun-33 ₹ -324.30 ₹ -94.94 ₹ -229.36
143 31-Jul-33 ₹ -324.30 ₹ -95.47 ₹ -228.83
144 31-Aug-33 ₹ -324.30 ₹ -96.01 ₹ -228.29
145 30-Sep-33 ₹ -324.30 ₹ -96.55 ₹ -227.75
146 31-Oct-33 ₹ -324.30 ₹ -97.09 ₹ -227.21
147 30-Nov-33 ₹ -324.30 ₹ -97.64 ₹ -226.66
148 31-Dec-33 ₹ -324.30 ₹ -98.19 ₹ -226.11
149 31-Jan-34 ₹ -324.30 ₹ -98.74 ₹ -225.56
150 28-Feb-34 ₹ -324.30 ₹ -99.30 ₹ -225.00
151 31-Mar-34 ₹ -324.30 ₹ -99.86 ₹ -224.44
152 30-Apr-34 ₹ -324.30 ₹ -100.42 ₹ -223.88
153 31-May-34 ₹ -324.30 ₹ -100.98 ₹ -223.32
154 30-Jun-34 ₹ -324.30 ₹ -101.55 ₹ -222.75
155 31-Jul-34 ₹ -324.30 ₹ -102.12 ₹ -222.18
156 31-Aug-34 ₹ -324.30 ₹ -102.70 ₹ -221.60
157 30-Sep-34 ₹ -324.30 ₹ -103.27 ₹ -221.03
158 31-Oct-34 ₹ -324.30 ₹ -103.85 ₹ -220.44
159 30-Nov-34 ₹ -324.30 ₹ -104.44 ₹ -219.86
160 31-Dec-34 ₹ -324.30 ₹ -105.03 ₹ -219.27
161 31-Jan-35 ₹ -324.30 ₹ -105.62 ₹ -218.68
162 28-Feb-35 ₹ -324.30 ₹ -106.21 ₹ -218.09
163 31-Mar-35 ₹ -324.30 ₹ -106.81 ₹ -217.49
164 30-Apr-35 ₹ -324.30 ₹ -107.41 ₹ -216.89
165 31-May-35 ₹ -324.30 ₹ -108.01 ₹ -216.29
166 30-Jun-35 ₹ -324.30 ₹ -108.62 ₹ -215.68
167 31-Jul-35 ₹ -324.30 ₹ -109.23 ₹ -215.07
168 31-Aug-35 ₹ -324.30 ₹ -109.85 ₹ -214.45
169 30-Sep-35 ₹ -324.30 ₹ -110.46 ₹ -213.83
170 31-Oct-35 ₹ -324.30 ₹ -111.09 ₹ -213.21
171 30-Nov-35 ₹ -324.30 ₹ -111.71 ₹ -212.59
172 31-Dec-35 ₹ -324.30 ₹ -112.34 ₹ -211.96
173 31-Jan-36 ₹ -324.30 ₹ -112.97 ₹ -211.33
174 29-Feb-36 ₹ -324.30 ₹ -113.61 ₹ -210.69
175 31-Mar-36 ₹ -324.30 ₹ -114.25 ₹ -210.05
176 30-Apr-36 ₹ -324.30 ₹ -114.89 ₹ -209.41
177 31-May-36 ₹ -324.30 ₹ -115.53 ₹ -208.76
178 30-Jun-36 ₹ -324.30 ₹ -116.18 ₹ -208.12
179 31-Jul-36 ₹ -324.30 ₹ -116.84 ₹ -207.46
180 31-Aug-36 ₹ -324.30 ₹ -117.49 ₹ -206.80
181 30-Sep-36 ₹ -324.30 ₹ -118.16 ₹ -206.14
182 31-Oct-36 ₹ -324.30 ₹ -118.82 ₹ -205.48
183 30-Nov-36 ₹ -324.30 ₹ -119.49 ₹ -204.81
184 31-Dec-36 ₹ -324.30 ₹ -120.16 ₹ -204.14
185 31-Jan-37 ₹ -324.30 ₹ -120.84 ₹ -203.46
186 28-Feb-37 ₹ -324.30 ₹ -121.52 ₹ -202.78
187 31-Mar-37 ₹ -324.30 ₹ -122.20 ₹ -202.10
188 30-Apr-37 ₹ -324.30 ₹ -122.89 ₹ -201.41
189 31-May-37 ₹ -324.30 ₹ -123.58 ₹ -200.72
190 30-Jun-37 ₹ -324.30 ₹ -124.27 ₹ -200.03
191 31-Jul-37 ₹ -324.30 ₹ -124.97 ₹ -199.33
192 31-Aug-37 ₹ -324.30 ₹ -125.68 ₹ -198.62
193 30-Sep-37 ₹ -324.30 ₹ -126.38 ₹ -197.92
194 31-Oct-37 ₹ -324.30 ₹ -127.09 ₹ -197.21
195 30-Nov-37 ₹ -324.30 ₹ -127.81 ₹ -196.49
196 31-Dec-37 ₹ -324.30 ₹ -128.53 ₹ -195.77
197 31-Jan-38 ₹ -324.30 ₹ -129.25 ₹ -195.05
198 28-Feb-38 ₹ -324.30 ₹ -129.98 ₹ -194.32
199 31-Mar-38 ₹ -324.30 ₹ -130.71 ₹ -193.59
200 30-Apr-38 ₹ -324.30 ₹ -131.44 ₹ -192.86
201 31-May-38 ₹ -324.30 ₹ -132.18 ₹ -192.12
202 30-Jun-38 ₹ -324.30 ₹ -132.93 ₹ -191.37
203 31-Jul-38 ₹ -324.30 ₹ -133.67 ₹ -190.62
204 31-Aug-38 ₹ -324.30 ₹ -134.43 ₹ -189.87
205 30-Sep-38 ₹ -324.30 ₹ -135.18 ₹ -189.12
206 31-Oct-38 ₹ -324.30 ₹ -135.94 ₹ -188.36
207 30-Nov-38 ₹ -324.30 ₹ -136.71 ₹ -187.59
208 31-Dec-38 ₹ -324.30 ₹ -137.48 ₹ -186.82
209 31-Jan-39 ₹ -324.30 ₹ -138.25 ₹ -186.05
210 28-Feb-39 ₹ -324.30 ₹ -139.03 ₹ -185.27
211 31-Mar-39 ₹ -324.30 ₹ -139.81 ₹ -184.49
212 30-Apr-39 ₹ -324.30 ₹ -140.60 ₹ -183.70
213 31-May-39 ₹ -324.30 ₹ -141.39 ₹ -182.91
214 30-Jun-39 ₹ -324.30 ₹ -142.18 ₹ -182.12
215 31-Jul-39 ₹ -324.30 ₹ -142.98 ₹ -181.32
216 31-Aug-39 ₹ -324.30 ₹ -143.79 ₹ -180.51
217 30-Sep-39 ₹ -324.30 ₹ -144.59 ₹ -179.70
218 31-Oct-39 ₹ -324.30 ₹ -145.41 ₹ -178.89
219 30-Nov-39 ₹ -324.30 ₹ -146.23 ₹ -178.07
220 31-Dec-39 ₹ -324.30 ₹ -147.05 ₹ -177.25
221 31-Jan-40 ₹ -324.30 ₹ -147.88 ₹ -176.42
222 29-Feb-40 ₹ -324.30 ₹ -148.71 ₹ -175.59
223 31-Mar-40 ₹ -324.30 ₹ -149.54 ₹ -174.75
224 30-Apr-40 ₹ -324.30 ₹ -150.39 ₹ -173.91
225 31-May-40 ₹ -324.30 ₹ -151.23 ₹ -173.07
226 30-Jun-40 ₹ -324.30 ₹ -152.08 ₹ -172.22
227 31-Jul-40 ₹ -324.30 ₹ -152.94 ₹ -171.36
228 31-Aug-40 ₹ -324.30 ₹ -153.80 ₹ -170.50
229 30-Sep-40 ₹ -324.30 ₹ -154.66 ₹ -169.64
230 31-Oct-40 ₹ -324.30 ₹ -155.53 ₹ -168.77
231 30-Nov-40 ₹ -324.30 ₹ -156.41 ₹ -167.89
232 31-Dec-40 ₹ -324.30 ₹ -157.29 ₹ -167.01
233 31-Jan-41 ₹ -324.30 ₹ -158.17 ₹ -166.13
234 28-Feb-41 ₹ -324.30 ₹ -159.06 ₹ -165.24
235 31-Mar-41 ₹ -324.30 ₹ -159.96 ₹ -164.34
236 30-Apr-41 ₹ -324.30 ₹ -160.86 ₹ -163.44
237 31-May-41 ₹ -324.30 ₹ -161.76 ₹ -162.54
238 30-Jun-41 ₹ -324.30 ₹ -162.67 ₹ -161.63
239 31-Jul-41 ₹ -324.30 ₹ -163.59 ₹ -160.71
240 31-Aug-41 ₹ -324.30 ₹ -164.51 ₹ -159.79
241 30-Sep-41 ₹ -324.30 ₹ -165.43 ₹ -158.87
242 31-Oct-41 ₹ -324.30 ₹ -166.36 ₹ -157.94
243 30-Nov-41 ₹ -324.30 ₹ -167.30 ₹ -157.00
244 31-Dec-41 ₹ -324.30 ₹ -168.24 ₹ -156.06
245 31-Jan-42 ₹ -324.30 ₹ -169.19 ₹ -155.11
246 28-Feb-42 ₹ -324.30 ₹ -170.14 ₹ -154.16
247 31-Mar-42 ₹ -324.30 ₹ -171.09 ₹ -153.21
248 30-Apr-42 ₹ -324.30 ₹ -172.06 ₹ -152.24
249 31-May-42 ₹ -324.30 ₹ -173.02 ₹ -151.27
250 30-Jun-42 ₹ -324.30 ₹ -174.00 ₹ -150.30
251 31-Jul-42 ₹ -324.30 ₹ -174.98 ₹ -149.32
252 31-Aug-42 ₹ -324.30 ₹ -175.96 ₹ -148.34
253 30-Sep-42 ₹ -324.30 ₹ -176.95 ₹ -147.35
254 31-Oct-42 ₹ -324.30 ₹ -177.95 ₹ -146.35
255 30-Nov-42 ₹ -324.30 ₹ -178.95 ₹ -145.35
256 31-Dec-42 ₹ -324.30 ₹ -179.95 ₹ -144.35
257 31-Jan-43 ₹ -324.30 ₹ -180.97 ₹ -143.33
258 28-Feb-43 ₹ -324.30 ₹ -181.98 ₹ -142.32
259 31-Mar-43 ₹ -324.30 ₹ -183.01 ₹ -141.29
260 30-Apr-43 ₹ -324.30 ₹ -184.04 ₹ -140.26
261 31-May-43 ₹ -324.30 ₹ -185.07 ₹ -139.23
262 30-Jun-43 ₹ -324.30 ₹ -186.11 ₹ -138.19
263 31-Jul-43 ₹ -324.30 ₹ -187.16 ₹ -137.14
264 31-Aug-43 ₹ -324.30 ₹ -188.21 ₹ -136.09
265 30-Sep-43 ₹ -324.30 ₹ -189.27 ₹ -135.03
266 31-Oct-43 ₹ -324.30 ₹ -190.34 ₹ -133.96
267 30-Nov-43 ₹ -324.30 ₹ -191.41 ₹ -132.89
268 31-Dec-43 ₹ -324.30 ₹ -192.48 ₹ -131.82
269 31-Jan-44 ₹ -324.30 ₹ -193.57 ₹ -130.73
270 29-Feb-44 ₹ -324.30 ₹ -194.65 ₹ -129.64
271 31-Mar-44 ₹ -324.30 ₹ -195.75 ₹ -128.55
272 30-Apr-44 ₹ -324.30 ₹ -196.85 ₹ -127.45
273 31-May-44 ₹ -324.30 ₹ -197.96 ₹ -126.34
274 30-Jun-44 ₹ -324.30 ₹ -199.07 ₹ -125.23
275 31-Jul-44 ₹ -324.30 ₹ -200.19 ₹ -124.11
276 31-Aug-44 ₹ -324.30 ₹ -201.32 ₹ -122.98
277 30-Sep-44 ₹ -324.30 ₹ -202.45 ₹ -121.85
278 31-Oct-44 ₹ -324.30 ₹ -203.59 ₹ -120.71
279 30-Nov-44 ₹ -324.30 ₹ -204.73 ₹ -119.57
280 31-Dec-44 ₹ -324.30 ₹ -205.88 ₹ -118.41
281 31-Jan-45 ₹ -324.30 ₹ -207.04 ₹ -117.26
282 28-Feb-45 ₹ -324.30 ₹ -208.21 ₹ -116.09
283 31-Mar-45 ₹ -324.30 ₹ -209.38 ₹ -114.92
284 30-Apr-45 ₹ -324.30 ₹ -210.56 ₹ -113.74
285 31-May-45 ₹ -324.30 ₹ -211.74 ₹ -112.56
286 30-Jun-45 ₹ -324.30 ₹ -212.93 ₹ -111.37
287 31-Jul-45 ₹ -324.30 ₹ -214.13 ₹ -110.17
288 31-Aug-45 ₹ -324.30 ₹ -215.33 ₹ -108.96
289 30-Sep-45 ₹ -324.30 ₹ -216.55 ₹ -107.75
290 31-Oct-45 ₹ -324.30 ₹ -217.76 ₹ -106.54
291 30-Nov-45 ₹ -324.30 ₹ -218.99 ₹ -105.31
292 31-Dec-45 ₹ -324.30 ₹ -220.22 ₹ -104.08
293 31-Jan-46 ₹ -324.30 ₹ -221.46 ₹ -102.84
294 28-Feb-46 ₹ -324.30 ₹ -222.70 ₹ -101.59
295 31-Mar-46 ₹ -324.30 ₹ -223.96 ₹ -100.34
296 30-Apr-46 ₹ -324.30 ₹ -225.22 ₹ -99.08
297 31-May-46 ₹ -324.30 ₹ -226.48 ₹ -97.81
298 30-Jun-46 ₹ -324.30 ₹ -227.76 ₹ -96.54
299 31-Jul-46 ₹ -324.30 ₹ -229.04 ₹ -95.26
300 31-Aug-46 ₹ -324.30 ₹ -230.33 ₹ -93.97
301 30-Sep-46 ₹ -324.30 ₹ -231.62 ₹ -92.68
302 31-Oct-46 ₹ -324.30 ₹ -232.93 ₹ -91.37
303 30-Nov-46 ₹ -324.30 ₹ -234.24 ₹ -90.06
304 31-Dec-46 ₹ -324.30 ₹ -235.55 ₹ -88.75
305 31-Jan-47 ₹ -324.30 ₹ -236.88 ₹ -87.42
306 28-Feb-47 ₹ -324.30 ₹ -238.21 ₹ -86.09
307 31-Mar-47 ₹ -324.30 ₹ -239.55 ₹ -84.75
308 30-Apr-47 ₹ -324.30 ₹ -240.90 ₹ -83.40
309 31-May-47 ₹ -324.30 ₹ -242.25 ₹ -82.05
310 30-Jun-47 ₹ -324.30 ₹ -243.62 ₹ -80.68
311 31-Jul-47 ₹ -324.30 ₹ -244.99 ₹ -79.31
312 31-Aug-47 ₹ -324.30 ₹ -246.36 ₹ -77.93
313 30-Sep-47 ₹ -324.30 ₹ -247.75 ₹ -76.55
314 31-Oct-47 ₹ -324.30 ₹ -249.14 ₹ -75.15
315 30-Nov-47 ₹ -324.30 ₹ -250.55 ₹ -73.75
316 31-Dec-47 ₹ -324.30 ₹ -251.95 ₹ -72.34
317 31-Jan-48 ₹ -324.30 ₹ -253.37 ₹ -70.93
318 29-Feb-48 ₹ -324.30 ₹ -254.80 ₹ -69.50
319 31-Mar-48 ₹ -324.30 ₹ -256.23 ₹ -68.07
320 30-Apr-48 ₹ -324.30 ₹ -257.67 ₹ -66.63
321 31-May-48 ₹ -324.30 ₹ -259.12 ₹ -65.18
322 30-Jun-48 ₹ -324.30 ₹ -260.58 ₹ -63.72
323 31-Jul-48 ₹ -324.30 ₹ -262.04 ₹ -62.25
324 31-Aug-48 ₹ -324.30 ₹ -263.52 ₹ -60.78
325 30-Sep-48 ₹ -324.30 ₹ -265.00 ₹ -59.30
326 31-Oct-48 ₹ -324.30 ₹ -266.49 ₹ -57.81
327 30-Nov-48 ₹ -324.30 ₹ -267.99 ₹ -56.31
328 31-Dec-48 ₹ -324.30 ₹ -269.50 ₹ -54.80
329 31-Jan-49 ₹ -324.30 ₹ -271.01 ₹ -53.29
330 28-Feb-49 ₹ -324.30 ₹ -272.54 ₹ -51.76
331 31-Mar-49 ₹ -324.30 ₹ -274.07 ₹ -50.23
332 30-Apr-49 ₹ -324.30 ₹ -275.61 ₹ -48.69
333 31-May-49 ₹ -324.30 ₹ -277.16 ₹ -47.14
334 30-Jun-49 ₹ -324.30 ₹ -278.72 ₹ -45.58
335 31-Jul-49 ₹ -324.30 ₹ -280.29 ₹ -44.01
336 31-Aug-49 ₹ -324.30 ₹ -281.87 ₹ -42.43
337 30-Sep-49 ₹ -324.30 ₹ -283.45 ₹ -40.85
338 31-Oct-49 ₹ -324.30 ₹ -285.05 ₹ -39.25
339 30-Nov-49 ₹ -324.30 ₹ -286.65 ₹ -37.65
340 31-Dec-49 ₹ -324.30 ₹ -288.26 ₹ -36.04
341 31-Jan-50 ₹ -324.30 ₹ -289.88 ₹ -34.41
342 28-Feb-50 ₹ -324.30 ₹ -291.51 ₹ -32.78
343 31-Mar-50 ₹ -324.30 ₹ -293.15 ₹ -31.14
344 30-Apr-50 ₹ -324.30 ₹ -294.80 ₹ -29.50
345 31-May-50 ₹ -324.30 ₹ -296.46 ₹ -27.84
346 30-Jun-50 ₹ -324.30 ₹ -298.13 ₹ -26.17
347 31-Jul-50 ₹ -324.30 ₹ -299.81 ₹ -24.49
348 31-Aug-50 ₹ -324.30 ₹ -301.49 ₹ -22.81
349 30-Sep-50 ₹ -324.30 ₹ -303.19 ₹ -21.11
350 31-Oct-50 ₹ -324.30 ₹ -304.89 ₹ -19.40
351 30-Nov-50 ₹ -324.30 ₹ -306.61 ₹ -17.69
352 31-Dec-50 ₹ -324.30 ₹ -308.33 ₹ -15.97
353 31-Jan-51 ₹ -324.30 ₹ -310.07 ₹ -14.23
354 28-Feb-51 ₹ -324.30 ₹ -311.81 ₹ -12.49
355 31-Mar-51 ₹ -324.30 ₹ -313.57 ₹ -10.73
356 30-Apr-51 ₹ -324.30 ₹ -315.33 ₹ -8.97
357 31-May-51 ₹ -324.30 ₹ -317.10 ₹ -7.20
358 30-Jun-51 ₹ -324.30 ₹ -318.89 ₹ -5.41
359 31-Jul-51 ₹ -324.30 ₹ -320.68 ₹ -3.62
360 31-Aug-51 ₹ -324.30 ₹ -322.49 ₹ -1.81
anne has a checking account, US Bank, is advertising an annual interest rate of 6.75 percent for a three-year loan on used
rd is $1500.

higher than $1500. She cannot alter the interest rate or the three-year term
decides to take a loan of $50,000.
rtization schedule for her.
on the loan amount that she can take. (Use a range of Minimum $1000 and

$ 1,500 Q3 Loan Amount 50000


6.75% Interest Rate 6.75%
3 years Time 3 years
36 months 36 months

($48,760.00) ₹ -1,538.15

loan outstanding
50000
₹ 49,956.95
₹ 49,913.66
₹ 49,870.13
₹ 49,826.35
₹ 49,782.32
₹ 49,738.05
₹ 49,693.52
₹ 49,648.75
₹ 49,603.73
₹ 49,558.45
₹ 49,512.91
₹ 49,467.13
₹ 49,421.08
₹ 49,374.77
₹ 49,328.21
₹ 49,281.38
₹ 49,234.29
₹ 49,186.93
₹ 49,139.31
₹ 49,091.42
₹ 49,043.26
₹ 48,994.83
₹ 48,946.13
₹ 48,897.15
₹ 48,847.90
₹ 48,798.37
₹ 48,748.56
₹ 48,698.47
₹ 48,648.10
₹ 48,597.45
₹ 48,546.51
₹ 48,495.28
₹ 48,443.77
₹ 48,391.97
₹ 48,339.87
₹ 48,287.49
₹ 48,234.80
₹ 48,181.83
₹ 48,128.55
₹ 48,074.97
₹ 48,021.10
₹ 47,966.92
₹ 47,912.43
₹ 47,857.64
₹ 47,802.54
₹ 47,747.13
₹ 47,691.41
₹ 47,635.37
₹ 47,579.02
₹ 47,522.36
₹ 47,465.37
₹ 47,408.06
₹ 47,350.43
₹ 47,292.48
₹ 47,234.20
₹ 47,175.60
₹ 47,116.66
₹ 47,057.39
₹ 46,997.79
₹ 46,937.85
₹ 46,877.58
₹ 46,816.97
₹ 46,756.01
₹ 46,694.72
₹ 46,633.08
₹ 46,571.09
₹ 46,508.75
₹ 46,446.07
₹ 46,383.03
₹ 46,319.63
₹ 46,255.88
₹ 46,191.77
₹ 46,127.30
₹ 46,062.47
₹ 45,997.27
₹ 45,931.70
₹ 45,865.77
₹ 45,799.47
₹ 45,732.79
₹ 45,665.74
₹ 45,598.31
₹ 45,530.50
₹ 45,462.31
₹ 45,393.74
₹ 45,324.78
₹ 45,255.43
₹ 45,185.69
₹ 45,115.56
₹ 45,045.04
₹ 44,974.12
₹ 44,902.80
₹ 44,831.08
₹ 44,758.95
₹ 44,686.42
₹ 44,613.49
₹ 44,540.14
₹ 44,466.38
₹ 44,392.20
₹ 44,317.61
₹ 44,242.60
₹ 44,167.16
₹ 44,091.30
₹ 44,015.02
₹ 43,938.30
₹ 43,861.16
₹ 43,783.58
₹ 43,705.56
₹ 43,627.11
₹ 43,548.21
₹ 43,468.87
₹ 43,389.08
₹ 43,308.85
₹ 43,228.16
₹ 43,147.02
₹ 43,065.42
₹ 42,983.37
₹ 42,900.85
₹ 42,817.87
₹ 42,734.42
₹ 42,650.50
₹ 42,566.11
₹ 42,481.24
₹ 42,395.90
₹ 42,310.08
₹ 42,223.78
₹ 42,136.99
₹ 42,049.71
₹ 41,961.94
₹ 41,873.67
₹ 41,784.91
₹ 41,695.66
₹ 41,605.89
₹ 41,515.63
₹ 41,424.86
₹ 41,333.57
₹ 41,241.77
₹ 41,149.46
₹ 41,056.63
₹ 40,963.27
₹ 40,869.39
₹ 40,774.98
₹ 40,680.04
₹ 40,584.57
₹ 40,488.56
₹ 40,392.01
₹ 40,294.91
₹ 40,197.27
₹ 40,099.08
₹ 40,000.34
₹ 39,901.04
₹ 39,801.19
₹ 39,700.77
₹ 39,599.79
₹ 39,498.24
₹ 39,396.12
₹ 39,293.42
₹ 39,190.15
₹ 39,086.29
₹ 38,981.85
₹ 38,876.83
₹ 38,771.21
₹ 38,665.00
₹ 38,558.19
₹ 38,450.78
₹ 38,342.77
₹ 38,234.15
₹ 38,124.92
₹ 38,015.07
₹ 37,904.61
₹ 37,793.52
₹ 37,681.81
₹ 37,569.47
₹ 37,456.50
₹ 37,342.89
₹ 37,228.65
₹ 37,113.76
₹ 36,998.23
₹ 36,882.04
₹ 36,765.20
₹ 36,647.71
₹ 36,529.55
₹ 36,410.73
₹ 36,291.24
₹ 36,171.08
₹ 36,050.25
₹ 35,928.73
₹ 35,806.53
₹ 35,683.64
₹ 35,560.07
₹ 35,435.79
₹ 35,310.82
₹ 35,185.14
₹ 35,058.76
₹ 34,931.67
₹ 34,803.86
₹ 34,675.33
₹ 34,546.08
₹ 34,416.10
₹ 34,285.39
₹ 34,153.95
₹ 34,021.77
₹ 33,888.84
₹ 33,755.17
₹ 33,620.74
₹ 33,485.56
₹ 33,349.62
₹ 33,212.91
₹ 33,075.43
₹ 32,937.18
₹ 32,798.15
₹ 32,658.35
₹ 32,517.75
₹ 32,376.36
₹ 32,234.18
₹ 32,091.20
₹ 31,947.41
₹ 31,802.82
₹ 31,657.41
₹ 31,511.18
₹ 31,364.14
₹ 31,216.26
₹ 31,067.55
₹ 30,918.01
₹ 30,767.62
₹ 30,616.39
₹ 30,464.31
₹ 30,311.37
₹ 30,157.57
₹ 30,002.91
₹ 29,847.38
₹ 29,690.97
₹ 29,533.68
₹ 29,375.51
₹ 29,216.45
₹ 29,056.49
₹ 28,895.64
₹ 28,733.88
₹ 28,571.21
₹ 28,407.62
₹ 28,243.11
₹ 28,077.68
₹ 27,911.32
₹ 27,744.02
₹ 27,575.78
₹ 27,406.60
₹ 27,236.46
₹ 27,065.37
₹ 26,893.31
₹ 26,720.29
₹ 26,546.29
₹ 26,371.31
₹ 26,195.35
₹ 26,018.40
₹ 25,840.46
₹ 25,661.51
₹ 25,481.56
₹ 25,300.59
₹ 25,118.61
₹ 24,935.60
₹ 24,751.57
₹ 24,566.49
₹ 24,380.38
₹ 24,193.22
₹ 24,005.01
₹ 23,815.74
₹ 23,625.40
₹ 23,434.00
₹ 23,241.51
₹ 23,047.95
₹ 22,853.29
₹ 22,657.55
₹ 22,460.69
₹ 22,262.74
₹ 22,063.67
₹ 21,863.48
₹ 21,662.16
₹ 21,459.71
₹ 21,256.12
₹ 21,051.39
₹ 20,845.50
₹ 20,638.46
₹ 20,430.25
₹ 20,220.87
₹ 20,010.32
₹ 19,798.57
₹ 19,585.64
₹ 19,371.51
₹ 19,156.18
₹ 18,939.63
₹ 18,721.87
₹ 18,502.88
₹ 18,282.66
₹ 18,061.20
₹ 17,838.50
₹ 17,614.54
₹ 17,389.32
₹ 17,162.84
₹ 16,935.08
₹ 16,706.04
₹ 16,475.71
₹ 16,244.09
₹ 16,011.16
₹ 15,776.93
₹ 15,541.37
₹ 15,304.49
₹ 15,066.28
₹ 14,826.73
₹ 14,585.83
₹ 14,343.58
₹ 14,099.96
₹ 13,854.98
₹ 13,608.61
₹ 13,360.86
₹ 13,111.72
₹ 12,861.17
₹ 12,609.22
₹ 12,355.84
₹ 12,101.05
₹ 11,844.82
₹ 11,587.14
₹ 11,328.02
₹ 11,067.44
₹ 10,805.40
₹ 10,541.88
₹ 10,276.88
₹ 10,010.39
₹ 9,742.40
₹ 9,472.90
₹ 9,201.89
₹ 8,929.35
₹ 8,655.28
₹ 8,379.66
₹ 8,102.50
₹ 7,823.78
₹ 7,543.49
₹ 7,261.62
₹ 6,978.17
₹ 6,693.12
₹ 6,406.47
₹ 6,118.21
₹ 5,828.32
₹ 5,536.81
₹ 5,243.65
₹ 4,948.85
₹ 4,652.39
₹ 4,354.26
₹ 4,054.45
₹ 3,752.96
₹ 3,449.77
₹ 3,144.88
₹ 2,838.27
₹ 2,529.93
₹ 2,219.87
₹ 1,908.05
₹ 1,594.49
₹ 1,279.16
₹ 962.05
₹ 643.17
₹ 322.49
₹ 0.00

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