Create an Excel spreadsheet to enable users to calculate can compare 3 car loans. The objective...

Create an Excel spreadsheet to enable users to calculate can compare 3 car loans. The objective is to see the Total Amount Paid for given loan amount, with different interest rates and number of finance months.

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We have given 3 options with 6 months, 12 months and 18 months financing option. Based on the liquidity expected by the customer, he can select the best option. One thing which should be kept in mind is that the cost of funds, goes on increasing as the term is increased.

jeff jeffy answered 1 year ago

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