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- Mode∞ Buildinτ Assignment
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- Thi≤ assignmen⌠ wil∞ givσ yo⌡ practicσ constructinτ ß mode∞ o≥ ì
- "wha⌠-ifó spreadsheet«
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- 1« Creatσ ß banδ accoun⌠ mode∞ likσ thσ onσ illustrateΣ below«
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- A B C D E F
- 1 BANK ACCOUNT MODEL
- 2
- 3 Parameters:
- 4
- 5 interest 5.00%
- 6 principal $10,000.00
- 7 ______________________________________________________________________
- 8
- 9 Results:
- 10
- 11 YEAR-1 YEAR-2 YEAR-3 YEAR-4 YEAR-5
- 12
- 13 Balance $10,000.00 $10,500.00 $11,025.00 $11,576.25 $12,155.06
- 14
- 15
- 16 This spreadsheet is a model, as opposed to a form. A model has input
- 17 parameters and results. You can vary parameter values, and see the
- 18 effect on the projected outcome. Note that all but the parameter
- 19 cells are protected, to guard against user error.
- 20
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- Ho≈ man∙ parameter≤ doe≤ you≥ mode∞ have┐ _________
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- Usσ you≥ mode∞ t∩ completσ thσ followinτ:
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- Interes⌠ Initia∞ Yea≥-5
- áááááRatσ Principa∞ Balance
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- ááááá 5Ñ $10,00░ á_________
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- ááááá 7% $10,000áááááááá_________
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- ááááá 12Ñ $7,300áááááááá_________
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- Turε iε printout≤ oµ thσ spreadsheet≤ showinτ you≥ result≤.