In cell B15, insert the RATE function to calculate the necessary monthly rate given the NPER,proposed monthly payment, and loan. Make sure the result is positive.Finally, you want to convert the monthly rate to an APR.In cell B16, insert a formula to calculate the APR for the monthly rate in cell B15.22Insert a footer on all sheets with your name on the left side, the sheet name code in thecenter, and the file name code on the right side.23Save and close Exp19_Excel_Ch07_CapAssessment_Shipping.xlsx. Exit Excel. Submit thefile as directed.21 AEFGH1 Loan InformationPayment # Beg Balance Interest Principal End Balance2 Loan (PV)3 АPR4 Monthly Rate$ 75,000.00$ 75,000.00$$15.00%20.42%35 Years for Loan646 NPER725$7 Monthly Payment$1,207.87$89 Cumulative Totals after Year 2$10 Interest$11 Principal Paid10$12$$1113 What if the goal is $1,150 monthly payment?14 Monthly Payment12$ 1,150.001315 Monthly Rate Needed16 APR Needed14$15$17161817$19182019$21202$2221$23222423$2524$262728293031323334WeekStatsMapLoanLO6789B.

The given problem is related to functions of Excel application. The requirement is to fill the sheet…

Answered: In cell B15, insert the RATE function…

Np Ms Office 365/Excel 2016 I Ntermed

1st Edition

ISBN:9781337508841

Author:Carey

Publisher:Carey

Chapter8: Working With Advanced Functions

Section8.1: Logical Functions

Problem 8QC

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Student Companion ™ is your personal academic guide that provides the following basic information for each course while a student at the USC. Courses done, grades earned, Course outline attachments, course notes etc.This is a simple application to keep track of each course you are doing/have done and can serve as a personal test timetable for the course which has final quiz, keep track of your courses that have etc. The concept is like a personal check sheet system blended with a simple quiz timetable. This also solves a problem that often shows up when students have completed their program and need to revert back to data pertaining to their academic life from their viewpoint. Please note this does not replace a transcript, which is an official University Document. 1. Create a Class Diagram of at least six (6) major entities for your application. For entities with a large number of attributes you are allowed to limit your attributes to a max of six (6). All operations within each class…
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