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Test Kit for excel

Mr. X plans to purchase machinery costing Rs. 25,00,000, making a down payment of Rs. 3,00,000. He will take a loan of Rs. 22,00,000 from Axis Bank at an interest rate of 15% per annum for 10 years. The estimated EMI for the loan is Rs. 35,493.69.

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Shinobu Sengoku
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3 views

Test Kit for excel

Mr. X plans to purchase machinery costing Rs. 25,00,000, making a down payment of Rs. 3,00,000. He will take a loan of Rs. 22,00,000 from Axis Bank at an interest rate of 15% per annum for 10 years. The estimated EMI for the loan is Rs. 35,493.69.

Uploaded by

Shinobu Sengoku
Copyright
© © All Rights Reserved
Available Formats
Download as PDF or read online on Scribd
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xv & | -sumes-e10) 5 c o E F 6 H i 1 Mr.X is planning to purchase a machinery for the factory which costs Rs. 25,00,000. He has made the down payment of Rs. 3,00,000 and the remainig amount he will ‘take loan from bank. Axis bank has offered him the required loan at the interest ‘of 15% p.a. for the 10 years. Machinery Cost 2500000 Down Payment 300000 Loan Amount =SUM(ES-EL NPER 10 [Years RATE 15% [Pa EMI : fe | =SuM(es-£10) 8 c > E F 6 H 1 1 (Mr-X is planning to purchase a machinery for the factory which costs Rs. 25,00,000. 'He has made the down payment of Rs. 3,00,000 and the remainig amount he will |take loan from bank. Axis bank has offered him the required loan at the interest \of 15% p.a. for the 10 years. (Machinery Cost 2500000 [Down Payment 300000 [Loan Amount 2200000 INPER 10___|Years RATE 15% [Pa Tx 8 vf) =pnmene/i2,e14"17,-£12) c D E F 6 4 1 4 [Mr.X is planning to purchase a machinery for the factory which costs Rs. 25,00,000. He has made the down payment of Rs. 3,00,000 and the remainig amount he will ltake loan from bank. Axis bank has offered him the required loan at the interest [RATE lof 15% p.a. for the 10 years. [Machinery Cost 2500000 Down Payment 300000 Loan Amount [2200000 | [NPER 10 [Years 15% (Pa =PMT(E16/12,£14*12,-E12) fe =PMTjex6/12,€14"12,£12) c Db E F 6 H 1 J Mr-X is planning to purchase a machinery for the factory which costs Rs. 25,00,000. He has made the down payment of Rs. 3,00,000 and the remainig amount he will ‘take loan from bank. Axis bank has offered him the required loan at the interest lof 15% p.2. for the 10 years. [Machinery Cost 2500000 Down Payment 300000 Loan Amount 2200000 NPER 10 [Years RATE 15% [Pa EMI 35,493.69

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