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yment should ABC give if he wants the monthly installement to be $2,500 instead
se (purchase price, loan term and interest rate) remaining the same?
EMI's on a mortgage
Purchase Price $200,000
Down Payment 20%
Loan Term 48
Interest Rate 5.00% Suppose ABC wants to buy a house worth $200,000. If he pays a 20
the rest of the amount to be paid by 48 monthly installements at a
with a monthly installement of $3,500.
Loan Amount $160,000
Monthly Payments $3,500
Formula Driven Cells What loan-term should ABC settle for if he wants the monthly insta
Total Payments $168,000 everything else (purchase price, down payment and interest rate) r
Total Interest $8,000
buy a house worth $200,000. If he pays a 20% down-payment and takes a loan for
o be paid by 48 monthly installements at an interest rate of 5%, he will end up
ment of $3,500.
ABC settle for if he wants the monthly installement to be $2,500 instead of $3,500
se price, down payment and interest rate) remaining the same?
EMI's on a mortgage
Purchase Price $300,000
Down Payment 10%
Loan Term 60
Interest Rate 6.00%
Suppose ABC wants to buy a house worth $300,000. If he pays a 10
Loan Amount $270,000 the rest of the amount to be paid by 60 monthly installements at a
Monthly Payments $4,770
Formula Driven Cells with a monthly installement of $4,770.
Total Payments $286,200
Total Interest $16,200 Use Scenario Manager to create different scenarios to see the chan
B10)
o create different scenarios to see the changes in the formula driven cells (B7 to
ice $250,000; Down Payment 5%; Loan Term 60 and Interest Rate 6.25%
ice $300,000; Down Payment 5%; Loan Term 60 and Interest Rate 6.00%
ice $350,000; Down Payment 15%; Loan Term 48 and Interest Rate 5.00%
Profit of a Company
To manufacture (units) 2,500
Manufacturing Cost per Unit $1
Advertising Cost per Unit $0.5
Selling Price $2.25
Company A manufactures a product. It is planning to man
and then an additional advertising cost $0.5 per unit. They
Profit Per Unit $1
Formula Driven Cells
Total Profit $1,625 Use Scenario Manager to create different scenarios to see
B10)
o create different scenarios to see the changes in the formula driven cells (B7 to
ture 2,500; Manufacturing Cost $0.90; Advertising Cost Per Unit $0.25 and Selling
ture 3,500; Manufacturing Cost $1; Advertising Cost Per Unit $0.5 and Selling Price
ture 3,500; Manufacturing Cost $1.90; Advertising Cost Per Unit $1.25 and Selling
EMI's on a mortgage
Purchase Price $300,000
Down Payment 10% Suppose ABC wants to buy a house worth $300,000. If he pays a 10
Loan Term 60 the rest of the amount to be paid by 60 monthly installements at a
with a monthly installement of $4,770.
Interest Rate 6.00%
Use 1 variable Data Table to create different scenarios for interest
Loan Amount $270,000
Monthly Payments $4,770
Formula Driven Cells
Total Payments $286,200 Loan Amount
Total Interest $16,200 Interest Rate
4.25%
4.50%
4.75%
5.00%
5.25%
5.50%
5.75%
6.00%
6.25%
6.50%
8.00%
buy a house worth $300,000. If he pays a 10% down-payment and takes a loan for
o be paid by 60 monthly installements at an interest rate of 6%, he will end up
ment of $4,770.
Down Payments
7.50% 10% 15% 20% 25% 30% 35%
40% 50%