This spreadsheet activity will build upon the work accomplished in the amortization spreadsheet of Part I and offers students a chance to see the amazing impact on both time and interest by paying just a modest amount of extra principal each month. Download the 3 attached files: Activity 4D2 Instruction Sheet, Activity 4D2 Answer Sheet, and Amortization Template Sheet (if needed)
The total amount of time spent on the activity is fairly variable, approximately 1 to 3 hours for the spreadsheet and analysis depending on the student success on the previous activity, and Excel skills
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