The document shows a loan repayment schedule over 36 months with details like principal amount, interest, EMI each month. It asks to find the down payment amount that would make the customer debt free in 24 months using data analysis tools like what-if and goal-seek in Excel. The key steps are to set the goal as making the loan balance in month 24 equal to zero and allow Excel to determine the down payment amount required to achieve that goal.
The document shows a loan repayment schedule over 36 months with details like principal amount, interest, EMI each month. It asks to find the down payment amount that would make the customer debt free in 24 months using data analysis tools like what-if and goal-seek in Excel. The key steps are to set the goal as making the loan balance in month 24 equal to zero and allow Excel to determine the down payment amount required to achieve that goal.
The document shows a loan repayment schedule over 36 months with details like principal amount, interest, EMI each month. It asks to find the down payment amount that would make the customer debt free in 24 months using data analysis tools like what-if and goal-seek in Excel. The key steps are to set the goal as making the loan balance in month 24 equal to zero and allow Excel to determine the down payment amount required to achieve that goal.