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Np Ex19 9a Chinedumbamalu 2

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Excel
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Texas Wesleyan University
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Author: Note: Do not edit this sheet. If your name does not appear in cell B6, please download a new copy of the file from the SAM website. New Perspectives Excel 2019 | Module 9: SAM Project 1a Mount Moreland Hospital PERFORM FINANCIAL CALCULATIONS Chinedu Mbamalu Note: Do not edit this sheet. If your name does not appear in cell B6, please download a new copy of the file from the SAM website. py of the file Mount Moreland Hospital - Neighborhood Nurse Van Loan Conditions and Payments Conditions Loan amount (pv) Annual interest rate Monthly interest rate (rate) Loan period in years Loan period in months (nper) Monthly payment Start date of loan Equipped Van $234.000 4,35% 0,36% 5 60 ($4.347) 1/4/2022 Months Annual Principal and Cumulative Interest Payments Year 1 Year 2 Interest Principal Principal remaining Remaining % Year 3 1 13 25 12 24 36 ($7.431) ($44.727) $146.447 62,6% ($5.446) ($46.712) $99.735 42,6% ($9.332) ($42.826) $191.174 81,7% od Nurse Van Year 4 Year 5 37 49 48 60 ($3.373) ($48.785) $50.950 21,8% ($1.208) ($50.950) ($0) 0,0% Total ($26.791) ($234.000) Mount Moreland Hospital - Neighborhood Nurse Van Depreciation Van with Medical Equipment Long-term assets (cost) Salvage value (salvage) Life of asset (life) Straight-Line Depreciation Year Annual depreciation Cumulative depreciation Depreciated asset value $ $ 234.000 37.440 7 1 $28.080 $28.080 $205.920 2 $28.080 $56.160 $177.840 3 $28.080 $84.240 $149.760 4 $28.080 $1 ...
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