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Data Tables-CIA Class Exercise

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0% found this document useful (0 votes)
13 views1 page

Data Tables-CIA Class Exercise

Uploaded by

Reagan Ssebbaale
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOC, PDF, TXT or read online on Scribd
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Data Tables in Excel

Question One

Assuming a bank loan of 2000000 at an annual interest rate of 13% from


stanbic bank for three years. Determine the monthly payments for this loan.

Assuming the following banks are offering the same amount within the same
period but at different interest rates,

A. Determine their monthly payments through use of datatables.


B. Create scenarios for the different interest rates and their monthly
payments.
C. Plot a line chart for the banks and their interest rates, and a linear trend
line forward by an interval of two periods.

Bank Interest rate


KCB 10%
Centenary 11%
HFB 12%
DFCU 15%

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