How exactly do I go about doing this? Need urgent held
The task is to develop a model that will calculate the following aspects of TVM for a user:
1. Monthly payment (incorporate ability to shift between beginning or end of month)
2. Interest paid between two months
3. Principal paid between two months
4. Balance owing (Settlement amount) at a specified month
5. Initial payment if growth starts at a given point in time (arithmetic growth)
Consider the growth for the next few calculations:
6. Interest paid between two months
7. Principal paid between two months
8. Balance owing (Settlement amount) at a specified month
Exclude growth from the following questions.
9. Initial payment if payments are suspended between two periods
Consider the suspension of payments for the next few calculations:
10. Interest paid between two periods
11. Principal paid between two periods
12. Balance owing (Settlement amount) at a specified period
Design and User friendliness of the model (decent attempt, good attempt, very good)
Innovation (bonus functionality and approaches) (little, good, very good)