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Lab 3 - G1 - Question

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ITC 100 Lab Assessment 3 - 10%

Monday (Group 1)-(06/06/2022)


1. Use Microsoft Excel program/Google Sheets or any other Spreadsheet on your computer/Phone,
create a blank workbook and save it with a file name that highlights. For example:
RishaI Chand 20210001 LA3
2. Make sure to keep saving your work every 5 minutes.
3. In sheet 1 of the workbook create and enter the following data in a table as such.

4. Wherever its written use formula – you have to enter a formula to calculate the value.

Complete the above table. You are to calculate the missing values for the Deposit,Loan Amount
After Interestand Monthly Payment for each Customers.
Hint:
(i). 20 % Deposit on Vehicle Price for each Customer.
(ii). Loan Amount After Interest = (Vehicle Price * Interest Rate / 100) * Number of Years of
Loan + Vehicle Price.
(iii). Monthly Payment = Loan Amount After Interest / (Number of Years of Loan * 12)

5. After carrying out all the calculations for all, you are required to insert a column graph
just underneath the table. The graph should show how much each Customer is paying
monthly payments(Use Customer Name and Monthly Payment columns).
Graph should have proper title, and X and Y axis should be labeled. Save your work.

6. You will have to submit the lab assessment in the submission Google Forum link :
Click Me - https://forms.gle/w12tfnYRW9GtSqWR6

7. It’s your responsibility to submit the correct file.

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