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Lbomgts Chapter 7
Lbomgts Chapter 7
Lbomgts Chapter 7
Question: Which loan (or combination of loans) should be taken, and in what amounts, in order to maximize their cash-balance
position after 10 years?
Note: Why is it a poor spreadsheet model? The use of range names are not applied, and the solutions are manually typed. In building a
spreadsheet model, it is important to name your cells and avoid using manually typed formulas. This can eliminate errors and miscalculations.