Business, 27.03.2021 01:00 albattatasraap5wymy

A new aspect of the business has been added to Campus Travel. Students can apply for a loan to help pay for their travels. However, loans for travel are available only to students who are traveling outside the country for at least two weeks. Since the costs for this type of international travel differ depending on how you travel, where you stay, and what you do at the destination, different loan packages are available. For a month in Europe, you have decided to take out a loan. You have already taken a look at several offers but are unsure whether you can afford it. Set up a spreadsheet to calculate the payments per month for the following situations: 1. Two weeks in Eastern Europe; Price: $2,000; Percentage Rate: 5.5%; Time: one year
2. Two weeks in Western Europe; Price: $3,000; Percentage Rate: 6.0%; Time: one year
3. Three weeks in Eastern Europe; Price: $3,000; Percentage Rate: 6.5%; Time: two years
4. Three weeks in Western Europe; Price: $3,500; Percentage Rate: 5.5%; Time: two years
5. Four weeks in Eastern Europe; Price: $4,000; Percentage Rate: 6.0%; Time: two years
6. Four weeks in Western Europe; Price: $5,000; Percentage Rate: 6.5%; Time: three years

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