2022: Week 32 - C&BSCo Mortgage Repayments
Created by: Carl Allchin
Our month of intermediate level challenges continues with a classic problem for those of us who are lucky enough to own property... how much is left on a property mortgage?
Chin & Beard Suds Co. (C&BSCo) are looking at how much they will need to pay each month for the combined amount on their stores. They know a few details but not how much they are going to have to pay and for how long. Can you help?
Input
One file of data:
Requirements
- Input the data
- Create a field for today (10th August 2022)
- Create a data field to show how much capital is paid off each month
- Create a data field to show how many months are needed to pay off the entire debt (whole months only)
- Create a field when the mortgages will be paid off by (Assuming a payment is to be made in August 2022)
- Create a row per month between now and when the mortgage is paid off showing:
- How much is still to be paid off for that mortgage? Call this field 'Remaining Capital to Repay'
- How much is still to be paid off for all mortgages? Call this field ' Capital Outstanding Total'
- Rename the date field 'Monthly Payment Date'
- Output the data
Output
4 Fields:
- Monthly Payment Date
- Store
- Capital Outstanding Total
- Remaining Capital to Repay
613 rows (614 incl. headers)
You can download the full output here.
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