Major Purchases

BUSN235 D004 Fall 19 ∠ ” # Assignments
Assignments Assignments
Assignment List Week 4 Assignment
Week 4 Assignment Week 4 Assignment
DUE: Dec 29, 2019 11:59 PM (Late)
Grade Details Grade Details
Grade Grade 0.0
Gradebook Comments Gradebook Comments None
Assignment Details Assignment Details
Open Date Open Date Dec 2, 2019 12:05 AM
Graded? Graded? Yes
Resubmissions Allowed? Resubmissions Allowed? No
Assignment Instructions Assignment Instructions
Portfolium Assignment
Getting started:
Visit the Resource Center in your left hand navigation and click on the About Portfolium link to
learn more about using Portfolium. When you are ready, click on Create Portfolium Account to
get started with your account. This is very much like Facebook or LinkedIn–be sure to look for
classmates to connect with!
Week 4: Major Purchases Week 4: Major Purchases
Course Objective: Course Objective:
CO4: Identify costs associated with purchasing major purchases and/or buying and selling a home
Assignment Instructions: Assignment Instructions:
Using MS Excel, create an amortization schedule for a car loan. Open MS Excel and click New, in the templates search
for “car loan” and then choose loan amortization schedule loan amortization schedule from the options presented. Fill out the form with data
from a car purchase you may have been thinking about recently. Answer the following questions:
1. What is your payment?
2. What is your total paid in interest?
3. How long is your loan? Why did you choose this term length?
4. What interest rate did you use? Why?
5. Is this car affordable in your budget?
Create this assignment using Microsoft Excel Microsoft Excel. Answer the questions on a new worksheet in the same workbook.
Submit all answers as one file by midnight ET, Day 7 (Sunday). Submit all answers as one file by midnight ET, Day 7 (Sunday).
Using Portfolium, submit your artifact that you have created for this assignment to your
Portfolium account.
Submit the link to your Portfolium page here when you have completed this exercise
Submission Submission
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