Use Excel – Must demonstrate your detailed calculations by embedding the formulas/functions in the cells

Problems are on pages (CHPT 11) 36&37 & CHPT 15 (21) attached

Chapter 11, Problem 2

When calculating the annual loan payment, solve using monthly compounding, then multiply that number by 12 months to get the annual amount for use in the remaining calculations.

- Chapter 11, Problem 5
- Chapter 15, Problem 1
- Chapter 15, Problem 2