Go to the Loan Calculator The cells in the range B6:B8 have defined names, but one is incomplete and could be confusing. Cell A2 also has a defined name, which is unnecessary for a cell that will not be used in a formula. Update the defined names in the worksheet as follows: a)Delete the Loan_Calculator defined name. b)For cell B8, edit the defined name to use Loan_Amount as the name. 2. In cell B8, calculate the loan amount by entering a formula without using a function that subtracts the Down_Payment from the Price. 3.Liam also wants to use defined names in other calculations to help him interpret the formulas. a) In the range D4:D8, create defined names based on the values in the range C4:C8.
Go to the Loan Calculator The cells in the range B6:B8 have defined names, but one is incomplete and could be confusing. Cell A2 also has a defined name, which is unnecessary for a cell that will not be used in a formula. Update the defined names in the worksheet as follows: a)Delete the Loan_Calculator defined name. b)For cell B8, edit the defined name to use Loan_Amount as the name. 2. In cell B8, calculate the loan amount by entering a formula without using a function that subtracts the Down_Payment from the Price. 3.Liam also wants to use defined names in other calculations to help him interpret the formulas. a) In the range D4:D8, create defined names based on the values in the range C4:C8.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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- Go to the Loan Calculator The cells in the range B6:B8 have defined names, but one is incomplete and could be confusing. Cell A2 also has a defined name, which is unnecessary for a cell that will not be used in a formula.
Update the defined names in the worksheet as follows:
a)Delete the Loan_Calculator defined name.
b)For cell B8, edit the defined name to use Loan_Amount as the name.
2. In cell B8, calculate the loan amount by entering a formula without using a function that subtracts the Down_Payment from the Price.
3.Liam also wants to use defined names in other calculations to help him interpret the formulas.
a) In the range D4:D8, create defined names based on the values in the range C4:C8.
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