1.1 Susan purchases a Mazda 6 for $22,000. To pay for the car, she will make monthly
$509.14 interest rate = 5.25%. What are the monthly payments? Put the formula for the claculat
$24,438.70 1.2 What is the total amount (interest and principal) that Susan will have to pay for the ca
$24,438.65 1.2 What is the total amount (interest and principal) that Susan will have to pay for the c
2.1 Ryan purchases a house for $120,000 to be paid for over 30 years at an interest ra
monthly payments?
2.2 What is the total amount (interest and principal) that Ryan pay for the house?
2.3 How much interest does Ryan pay?
Future Value
Instruction: Calculate the amount of money using FV Function. All cells must contain formu
