SmartPhone Upgrade
You have just graduated from college and before beginning your first professional job, you would like to purchase a new smartphone. You have the option to purchase the new phone in one payment or make monthly payments by taking advantage of a 36-month flex payment plan. The payment plan charges an APR of 1.75% for the service. Prior to making your payment decision, you would like to make a worksheet to calculate the monthly payment for Consumer Reports’ top three smartphones for young professionals.
1. Start a new Excel workbook, save it as SmartPhone_LastFirst, and then rename Sheet1 to FlexPay.
2. Type Flex Pay Calculator in cell A1. Apply bold, 20 pt font size. Blue, Accent 1, font color.
3. Type Inputs in cell A2. Apply Thick Outside Borders to the range A2:C2.
4. Type APR and # of payments in the range A3:A4, and adjust the column width as needed.
5. Type 1.75%, in cell B3 and 36 in cell B4. Type Outputs in cell A6, Select the range A6:C6, and apply Thick Outside Borders.
6. Type Model in cell A7, Price in cell B7, and Payment in cell C7. Next enter the price information listed below in the range A8:B10. Adjust the column width as needed and apply Currency Number Format to the range B8:C10.
Example Table
Model
Price
iPhone
949.00
Samsung Galaxy
799.00
Google Pixel
650.00
7. Use the PMT function in cell C8 to calculate the monthly flex payment for the first option. Be sure to use the appropriate absolute, relative, or mixed cell references. Next use the fill handle to copy the function down, completing the range C8:C10.
8. Type Highest payment, Average payment, and Lowest payment in the range A12:A14. Resize column A as needed.
9. Use the MAX function in cell B12 to calculate the highest flex payment, in cell B13 use the AVERAGE function to calculate the average flex payment, and in cell B14 use the MIN function to calculate the lowest flex payment.
10. Insert a footer with your name on the left side, the sheet name in the center, and the file name code on the right side of the worksheet.
11. Save and close the workbook.
Submit the assignment on Canvas.
Do not email the assignment to the Professor.
Collepals.com Plagiarism Free Papers
Are you looking for custom essay writing service or even dissertation writing services? Just request for our write my paper service, and we'll match you with the best essay writer in your subject! With an exceptional team of professional academic experts in a wide range of subjects, we can guarantee you an unrivaled quality of custom-written papers.
Get ZERO PLAGIARISM, HUMAN WRITTEN ESSAYS
Why Hire Collepals.com writers to do your paper?
Quality- We are experienced and have access to ample research materials.
We write plagiarism Free Content
Confidential- We never share or sell your personal information to third parties.
Support-Chat with us today! We are always waiting to answer all your questions.
