FDMAT 108 Student Name _ _
Comprehensive Final
This take-home final exam contains 9 questions worth 50 points and weighted as indicated below. Because this is a take-home exam you are allowed to use your textbook, spreadsheet software, notes and previous
Project #3 Extra Payment Amortization
Ponder/Prove 1. 252 Months / 21 Years 2. $155,422.50 3. $79,959.80 4. $20,637.50 5. $490 I found it interesting how much interest was saved by going down just one percent in interest. It would definitely be worth shop
Project # 2 Annuity
I found it very interesting how the more there was in savings in the beginning had a bigger effect on the end amount than how much was added each month. It definitely makes more sense to start saving earlier instead of later. I will re
FDMAT108
Project #5 Personalized Budget Month 2
I was amazed at how quickly I spent money. I had set goals, but stuff came up. Most of my unbudgeted money was spent on my truck. It needed repairs so I had to buy the parts. Right now I am grateful that I h
Financial ToolBoxes
(Gray-shaded boxes are the outputs based on the given inputs above them. Do not type in the shaded boxes.)
APR
Compounds
Present Value
Payment
Years
Future Value:
APR
Compounds
Present Value
Future Value
Years
Payment:
APR
Compounds
Ef