CIS200 – Homework #1 – Simple Formulas & Functions

It assumes you will purchase the car for $35,000, with a down payment of $1000 (column B), thus the loan amount is $34,000 payable monthly (12 payments per year given in column E) over the next three years (loan duration in column D) with no balloon payment (Column H) at the end of the loan. ................
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