You just graduated college with your Bachelors Degree and accepted a job offer at your dream...

You just graduated college with your Bachelors Degree and accepted a job offer at your dream company. You decided to celebrate by purchasing the vehicle of your dreams. Pictured is a Dodge Challenger HellCat see picture above for $58,995). You have a 720 credit score, therefore you were able to get a 5% interest rate on a 7 year loan. You will be making monthly payments. Using Excel, prepare a professional amortization schedule for the entire 7 years. It must include the payment and the total amount of interest you will pay over the 7 years. (Hint: interest rates are annual, you must convert them to monthly and the periods must be in months, for example, how many months are in 7 years) . The Excel cells must contain formulas when appropriate, I recommend cell referencing, both relative and absolute.

Expert Solution

ekkarill92 answered 2 years ago

Assume you just accepted a new job offer and you are negotiating your contract. You are...

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You have just turned 22 years old, received your bachelor's degree, and accepted your first job....

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You have just turned 22 years old, received your bachelor's degree, and accepted your first job. Now you must decide how much money to put into your retirement plan. The plan works as follows: Every dollar in the plan earns 6.7 % per year. You cannot make withdrawals until you retire on your 65th birthday. After that, you can make withdrawals as you see fit. You decide that you will plan to live to 100 and work until you turn...

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You just graduated college with your Bachelors Degree and accepted a job offer at your dream...

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Assume you just accepted a new job offer and you are negotiating your contract. You are...

Suppose you have just graduated Harvard and accepted a job with a $100,000 salary. Your 401(K)...

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