Re: Please help! Excel Novice here

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Check one of your identical posts in other newsgroups.

You start off with one strike because you ought to be doing your own
homework. I (and others, I'm sure) are willing to *help*, but not to
do your homework *for* you. "I don't know where to start", from a
student, usually means "I haven't spent more than a millisecond
thinking about this problem." If you've been paying *any* attention
to your course, there's always something you can do to get started.
So you do that, and then look at the next bit of information in the
problem and see how you can use that. Before you know it, you've
either finished the problem or at least narrowed things down to a
specific question.

But by posting multiple copies you just increase the annoyance level
and reduce people's inclination to help you.

Sun, 13 May 2007 02:06:20 GMT from Theresa <u34137@uwe>:
I have to complete this assignment in the next few hours and have no idea
where to begin....any help would be sincerely appreciated.

Here it is:

A man has 5 years remaining on a six year car loan, his interest rate is 8.25%

and his monthly payment is $525.00. His credit union is willing to accept the
present value (PV) of the loan as a payoff. Develop an amortization schedule
that shows how much he must pay at the end of each of the six years. Then
create a worksheet that includes the beginning and ending balance, the amount
paid on the principal and the interest paid for years two through six.
Because he has paid for the first year already, determine only the ending
balance (present value) for year one.

I know this may come easy to someone but I am completely lost here. Please
help!

Thanks a million
Theresa



--
Stan Brown, Oak Road Systems, Tompkins County, New York, USA
http://OakRoadSystems.com/
.

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