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 


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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