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BUSI 201
Group Project – Part 2 Instructions
After learning about the Access program, you have determined
that some of your data from the budget is better suited for
Access. The Members spreadsheet you have created could be a
great way to keep track of church members and their donations.
Keeping this data in a two-dimensional spreadsheet could
become difficult as you begin to add multiple donations for
each member. Instead, you will use the relational power of
Access to keep member data in multiple related tables.
Requirements:
1. Members (Relevant chapters – Access 1–2)
a. Import your data from the Members spreadsheet into a new
Access database table named Members.
b. Be sure to add a primary key—a field that will uniquely
identify each member. Remember that you must not use names
or information that could potentially be repeated as a primary
key.
c. Create a second table that will house the donations from each
member. Identify an appropriate field to exist in both tables that
will serve as a common field.
d. Create a relationship between your 2 tables. Resolve any
potential errors in your database design at this point.
e. Add data to the new Donations table. Include at least 30
donations and ensure that some members have multiple
donations entered.
2. Enter Donations (Relevant chapter – Access 3)
a. Develop a form for entering new data called Enter Donations.
b. This form must be designed so that you can easily enter new
donations without going to the Donations table.
c. The goal here is a clean, comprehensible appearance that
allows any user to quickly add new information to the database.
3. Major Donors (Relevant chapter – Access 4)
a. Create a query that will display all users with donations over
an amount of your choosing.
b. Name the query Major Donors.
4. Mailing Labels (Relevant chapter – Access 3)
a. Create a report that will allow you to print mailing labels for
all members in the database.
b. Name the report Mailing Labels.
In addition to Excel and Access, you have learned some
advanced features of PowerPoint. Develop a PowerPoint that
will summarize the work that you have done in your group.
Requirements:
1. Member Introduction and Group Summary
a. Briefly introduce each group member. Include a picture and a
short description of the individual’s strengths and contributions
to the team.
b. Add each group member’s favorite Bible verse and an
explanation of how this verse has served as a guiding light in
his/her work with the team. (If it has not, have the member be
honest and describe why or explain how he/she can better use
the verse to guide his/her actions in the future).
c. Your PowerPoint must walk the audience through your
group’s process and the highs and lows that may have occurred
along the way.
2. Ethical Implications and Biblical Worldview
a. Add several slides considering the ethical implications of
using software applications to house real data similar to that
which you have used in your project. What responsibility do the
creators and users of technology bear in ensuring the truth is
conveyed in the use and manipulation of data? Discuss the
balance between absolute truth and using data to reach a
particular goal. How does this relate to your conduct as a
student and in a real-world setting? Support your ideas from a
biblical worldview and include at least 3 Bible verses. Outside
sources are not required, but if they are used, you must cite
them correctly using current APA format.
b. Remember that this is a presentation and not a paper—bullet
points and short statements are preferred over longer
paragraphs, but your message must be clear. Source information
and additional comments can be placed in the Notes section of
your slides.
3. Required Elements
a. In your presentation, you must include a table, pictures,
SmartArt, slide transitions for all slides, slide numbers, a title
for each slide, and a theme.
b. There is no slide number requirement—use as few or as many
slides as you need to effectively complete the project.
Submit Group Project – Part 2 by 11:59 p.m. (ET) on Friday of
Module/Week 8.
Page 1 of 2
BudgetQuarterly
BudgetIncomeJanuaryFebruaryMarchTotalProjected
IncomeTithe$ 10,224.00$ 8,937.00$ 9,336.00$
28,497.00Donations$ 5,739.00$ 6,683.00$ 4,772.00$
17,194.00Investments$ 968.00$ 1,039.00$ 1,274.00$
3,281.00TOTAL INCOME$ 16,931.00$ 16,659.00$
15,382.00$
48,972.00ExpensesJanuaryFebruaryMarchTotalAdministrative
CostSalaries$ 7,389.00$ 7,393.00$ 7,388.00$
22,170.00Insurance$ 392.00$ 392.00$ 392.00$
1,176.00Reinbursement$ 1,485.00$ 847.00$ 1,049.00$
3,381.00Total$ 9,266.00$ 8,632.00$ 8,829.00$
26,727.00Facility CostUtilities$ 2,302.00$ 2,104.00$
1,928.00$ 6,334.00Church Vehicle$ 573.00$ 638.00$
567.00$ 1,778.00Maintanance$ 2,774.00$ 1,733.00$
3,835.00$ 8,342.00Total$ 5,649.00$ 4,475.00$ 6,330.00$
16,454.00Where do we need to increase or decrease ministry
spending?Ministry CostJanuaryFebruaryMarchLocal Missions$
230.00$ 420.00$ 446.00$ 1,096.00Remain the
SameDecrease SpendingDecrease SpendingGlobal Missions$
460.00$ 330.00$ 450.00$ 1,240.00Decrease
SpendingRemain the SameDecrease SpendingChildren's
Ministry$ 359.00$ 372.00$ 293.00$ 1,024.00Remain the
SameRemain the SameRemain the SameYouth Ministry$
448.00$ 131.00$ 288.00$ 867.00Decrease SpendingIncrease
SpendingRemain the SameCollege Ministry$ 278.00$
263.00$ 372.00$ 913.00Remain the SameRemain the
SameRemain the SameAdult Ministry$ 203.00$ 211.00$
187.00$ 601.00Remain the SameRemain the SameIncrease
SpendingTotal$ 1,978.00$ 1,727.00$ 2,036.00$
5,741.00TOTAL EXPENSES$ 16,893.00$ 14,834.00$
17,195.00$ 48,922.00DIFFERENCE$ 38.00$ 1,825.00$
(1,813.00)$ 50.00
Group Members:
Johanna
George
Erin
Chart
Chart926656491978863244751727882963302036
Admin Costs
Facility Costs
Ministry Costs
Monthly Expenses (Jan-Mar)
Purchase102245739968893766831039933647721274
Tithe
Donations
Investments
Monthly Income (Jan-Mar)
MembersThis spreadsheet analyzes the lease/purchase decision.
In the case of a purchase, it is assumedsales tax is paid on the
negotiated price at the time of purchase, and property taxes are
paid annually.In the case of a lease, it is assumed sales tax is
paid on the difference between the list price and thepayoff at
the time of purchase, sales tax is paid on the payoff when the
lease expires, and property taxesare paid by the lessor. This
spreadsheet assumes the item is purchased at the payoff price at
the timethe lease expires. The lease has additional value to the
lessee because of the option not to purchase.The features of
your lease may be different than assumed here.AssumptionsList
price$ 26,000Negotiated price$ 24,000Lease period
(months)36Payoff$ 20,000Interest rate (APR)7.00%Effective
annual rate7.23%Sales tax rate6%Property tax (annual)$
300Lease payment$ 280ResultsPurchaseLeasePresent value of
payments$ 24,000$ 25,343Present value of sales tax$
1,440$ 1,333Present value of property tax$ 784Total$
26,224$ 26,676DecisionPurchaseThe following table provides
a check on the lease calculations
above.SalesPVCumulMonthPaymentTaxTotalFactorPVPV0$
280360$ 640100.0%640.00640.001$ 280$
28099.4%278.38918.382$ 280$ 28098.8%276.761195.143$
280$ 28098.3%275.161470.294$ 280$
28097.7%273.561743.865$ 280$ 28097.1%271.972015.836$
280$ 28096.6%270.402286.237$ 280$
28096.0%268.832555.068$ 280$ 28095.5%267.272822.339$
280$ 28094.9%265.723088.0410$ 280$
28094.3%264.183352.2211$ 280$
28093.8%262.653614.8712$ 280$
28093.3%261.123875.9913$ 280$
28092.7%259.614135.6014$ 280$
28092.2%258.104393.7115$ 280$
28091.6%256.614650.3116$ 280$
28091.1%255.124905.4317$ 280$
28090.6%253.645159.0718$ 280$
28090.1%252.175411.2419$ 280$
28089.5%250.715661.9420$ 280$
28089.0%249.255911.1921$ 280$
28088.5%247.816159.0022$ 280$
28088.0%246.376405.3723$ 280$
28087.5%244.946650.3124$ 280$
28087.0%243.526893.8325$ 280$
28086.5%242.117135.9326$ 280$
28086.0%240.707376.6427$ 280$
28085.5%239.317615.9428$ 280$
28085.0%237.927853.8629$ 280$
28084.5%236.548090.4030$ 280$
28084.0%235.178325.5731$ 280$
28083.5%233.808559.3732$ 280$
28083.0%232.458791.8233$ 280$
28082.5%231.109022.9234$ 280$
28082.1%229.769252.6835$ 280$
28081.6%228.439481.1136$ 20,000$ 1,200$
21,20081.1%17194.8726675.98Scenario SummaryCurrent
Values:10%11%8%7%Created by Chetan on 2/22/2016
Modified by Chetan on 2/22/2016Created by Chetan on
2/22/2016
Modified by Chetan on 2/22/2016Created by Chetan on
2/22/2016
Modified by Chetan on 2/22/2016Created by Chetan on
2/22/2016
Modified by Chetan on 2/22/2016Changing
Cells:$D$157.00%10.00%11.00%8.00%7.00%Result
Cells:$F$27$ 26,676$ 24,835$ 24,255$ 26,045$
26,676Notes: Current Values column represents values of
changing cells attime Scenario Summary Report was created.
Changing cells for eachscenario are highlighted in gray.
&A
Page &P
Last NameFirst NameMembership
DateEmailAddressPhoneSmall GroupMinistry TeamAutomatic
Offering WithdrawlStaff
MemberAbdulaFred8/7/14[email protected]Foggy Autoroute,
Elevenmile Homestead, Virginia, 24025-4868(571) 429-
8776HernandezNoneYYAbindoSara2/13/08[email protected]Eas
y Quail Hill, False Pass, Virginia, 22529-0009(703)674-
0842BakerGreeterNNBakerScott3/19/09[email protected]Crystal
Thicket, Condemned Bar, Virginia, 23269-1623(703) 812-
9225HernandezTrusteeYNBallouMicaela6/7/07[email protected]
Misty Fawn Field, Fizzben Heights, Virginia, 22333-5978(703)
261-
5995KnightGreeterNNBattersonJames5/2/95[email protected]Hi
gh Range, Komandorski Village, Virginia, 23566-9376(804)
056-
3950BakerGreeterNNBlueRebecca4/21/11[email protected]Red
Boulevard, Mars, Virginia, 23812-8182(540) 022-
3559BakerNurseryYNCollinsFrita5/6/12[email protected]Silent
Drive, Priest, Virginia, 22192-9063(757) 432-
8504HernandezGreeterNNCorwinTanner1/18/04[email protected
]Fallen Mall , Rough And Ready, Virginia, 22130-5748(804)
402-
0992LoweMusicNNCorwinKarson1/18/04[email protected]Falle
n Mall , Rough And Ready, Virginia, 22130-5748(703) 924-
1128LoweChildrenNNFlorindoNina8/22/99[email protected]Silv
er Cloud Byway, Recreation, Virginia, 24219-2902(804) 387-
9452LoweChildrenNYFlorindoTroy2/27/06[email protected]Silv
er Cloud Byway, Recreation, Virginia, 24219-2902(571) 871-
0572LoweYouthYNGainsChelsea3/1/14[email protected]Cotton
Mountain Canyon, Humptulips, Virginia, 24408-4731(540) 599-
5170HernandezNoneYNHarrisSabrina6/17/90[email protected]V
elvet Freeway, Index, Virginia, 22445-0979(540) 582-
0703MarcosOutreachNNHarrisonRob6/17/90[email protected]Su
nny Autumn Passage, Planet, Virginia, 23023-6200(703) 048-
6905BakerBusYNHernandezKaitlyn6/7/08[email protected]Ston
y Avenue, Goodpasture, Virginia, 22735-0664(571) 236-
9402HernandezChildrenYNHernandezJon8/4/13[email protected
]Stony Avenue, Goodpasture, Virginia, 22735-0664(434) 986-
2037HernandezTrusteeNNHoneycutKatie8/30/13[email protecte
d]Jagged Crescent, Swink, Virginia, 22321-9493(804) 237-
7842BakerNoneYNJeffriesSylvia9/17/15[email protected]Grand
Edge, Bugtown, Virginia, 22452-0297(571) 694-
6374MarcosNoneNNJohnsonJameel9/17/15[email protected]Ta
wny Heights, Stovepipe, Virginia, 22209-6087(434) 028-
6615KnightNoneNNKapteynLane4/12/13[email protected]Wishi
ng Park, Burnt Hill, Virginia, 24575-1739(540) 209-
2915BakerTrusteeNYKnightMaria2/21/01[email protected]Quiet
Village, Toad Suck, Virginia, 23418-9593(703) 021-
5494KnightGreeterYYLopezMarco5/4/02[email protected]Burni
ng Walk, Twist, Virginia, 23192-2923(434) 505-
6950HernandezDeaconNNLoweMike5/4/02[email protected]Slee
py Wynd, Wolf Pen, Virginia, 23604-6066(804) 205-
0490LoweBusYNLoweRachel7/15/06[email protected]Sleepy
Wynd, Wolf Pen, Virginia, 23604-6066(804) 380-
4474LoweGreeterNNLoweRobert7/15/06[email protected]Sleep
y Wynd, Wolf Pen, Virginia, 23604-6066(571) 499-
7922KnightDeaconNNLoweLynda5/22/10[email protected]Nobl
e By-pass, Gross, Virginia, 22303-5024(757) 227-
8813KnightYouthYNMarcosJulianne8/9/05[email protected]Dus
ty Bear Diversion, Dimple, Virginia, 22087-5847(703) 215-
5070MarcosChildrenYNMartinSanda5/1/06[email protected]Sha
dy Embers Route, Soft Shell, Virginia, 23434-3790(703) 350-
2806LoweMusicNYMartinAndrew3/27/07[email protected]Shad
y Embers Route, Soft Shell, Virginia, 23434-3790(571) 756-
8857LoweTrusteeYYMatthewsThomas11/7/11[email protected]
Rocky Dale, Pringle, Virginia, 23216-1609(571) 105-
1908BakerDeaconNNMatthewsCorinne10/4/12[email protected]
Blue Rabbit Front, Greasy, Virginia, 22461-8702(757) 830-
9584KnightNoneNNMatthewsAdrian10/4/12[email protected]Bl
ue Rabbit Front, Greasy, Virginia, 22461-8702(434) 245-
0008KnightNoneYNMcKlainBrianna3/6/12[email protected]Coz
y Landing, Sawdust, Virginia, 22725-7300(276) 193-
4284KnightMusicNNMooreDawna2/9/09[email protected]Hidde
n Circuit, Zipperlandville, Virginia, 22519-4997(757) 329-
6546HernandezChildrenNNMorganJoseph7/5/01[email protected
]Amber Berry Vista, Breakneck, Virginia, 24688-9366(571)
169-
1193StroupBusYNParkerErin11/30/14[email protected]Broad
Glade, Bear, Virginia, 23754-3092(757) 795-
9243BakerNoneNNPearsonSean9/19/91[email protected]Hazy
Apple Cape, Land O'Lakes, Virginia, 23821-9634(571) 504-
6647StroupBusNNPetersonJoy8/24/12[email protected]Middle
End, Faceville, Virginia, 23404-2567(540) 913-
3734LoweGreeterYNPetreeKimberly6/5/07[email protected]Har
vest Gate View, Sigsbee, Virginia, 22647-2243(276) 806-
4930StroupNurseryNNPorterfieldJosiah2/3/99[email protected]
Merry Key, Purgatory, Virginia, 23094-4406(571) 785-
2499HernandezChildrenYYQuentoKristin6/4/98[email protected
]Pleasant Robin Beach, Robinhood, Virginia, 23776-1094(276)
895-
2277HernandezYouthYNRancoMax3/1/06[email protected]Gentl
e Brook Inlet, Square Lake, Virginia, 23331-7967(571) 293-
8763BakerOutreachYNReminoFlavio11/18/05[email protected]
Dewy Trail, Dulls Corner, Virginia, 24217-3542(703) 716-
1624HernandezDeaconYNReynoldsAshley4/22/06[email protect
ed]Thunder Elk Parade, Monumental, Virginia, 23516-
7634(571) 090-
9275KnightMusicNNSandersRuby7/2/10[email protected]Clear
Branch Row, Smooth Hummocks, Virginia, 23280-9628(757)
319-
7330StroupNurseryNNSanerJimmy6/9/10[email protected]Brigh
t Pines, Crafts, Virginia, 22749-9960(703) 443-
4690KnightNoneNNSearsRonda2/17/98[email protected]Honey
Arbor, Yaphank, Virginia, 23914-6000(804) 576-
5160BakerBusYNSewellJesse8/11/13[email protected]Heather
Promenade, Pungo, Virginia, 23217-0603(540) 623-
7607LoweNoneNNSmartChandler10/4/07[email protected]Emer
ald Meadow, Angel, Virginia, 22382-9433(703) 360-
7497StroupChildrenYNSmithKaren11/2/97[email protected]Littl
e Goose Swale, Concept, Virginia, 24468-1001(757) 321-
3521HernandezMusicYNSmithMadison10/4/07[email protected]
Little Goose Swale, Concept, Virginia, 24468-1001(703) 171-
6369HernandezNoneNNStroupSharon3/23/01[email protected]L
ost Via, Parachute, Virginia, 23904-2975(276) 585-
4151StroupNurseryYNStroupHoward7/22/03[email protected]Lo
st Via, Parachute, Virginia, 23904-2975(434) 640-
8001StroupMusicNNTerylMegan4/11/95[email protected]Old
Arbor, Eightmile Saddle, Virginia, 22649-9982(540) 434-
5986BakerBusYNThomsonMatthew12/18/09[email protected]St
ony Deer Drive, Whiskey Bend, Virginia, 24056-5002(804) 041-
7514KnightDeaconYNTuckPhillip6/13/00[email protected]High
Gate Ridge, Negro Bend, Virginia, 23450-5613(757) 783-
9642LoweTrusteeYNTysonMark12/2/94[email protected]Umber
View Jetty, Ohio, Virginia, 24566-4816(757) 341-
2674KnightMusicNYVandeverAmy9/28/15[email protected]Blu
e Fox Orchard, Roachtown, Virginia, 24181-0815(757) 769-
2364StroupNoneNNWillisAnna9/28/15[email protected]Amber
Lookout, Walkinghood, Virginia, 22582-2196(703) 811-
8492LoweNoneNNWilsonJudith12/1/02[email protected]Hazy
Abbey, Bug, Virginia, 24079-0038(434) 775-
6392HernandezChildrenYNMinistryTeam MembersSmall
GroupMembersNone13Marcos3Children8Stroup8Greeter7Baker
11Music7Knight12Bus6Lowe12Deacon5Hernandez14Trustee5G
rand Total60Nursery4Youth3Outreach2Grand Total60
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  • 1. BUSI 201 Group Project – Part 2 Instructions After learning about the Access program, you have determined that some of your data from the budget is better suited for Access. The Members spreadsheet you have created could be a great way to keep track of church members and their donations. Keeping this data in a two-dimensional spreadsheet could become difficult as you begin to add multiple donations for each member. Instead, you will use the relational power of Access to keep member data in multiple related tables. Requirements: 1. Members (Relevant chapters – Access 1–2) a. Import your data from the Members spreadsheet into a new Access database table named Members. b. Be sure to add a primary key—a field that will uniquely identify each member. Remember that you must not use names or information that could potentially be repeated as a primary key. c. Create a second table that will house the donations from each member. Identify an appropriate field to exist in both tables that will serve as a common field. d. Create a relationship between your 2 tables. Resolve any potential errors in your database design at this point. e. Add data to the new Donations table. Include at least 30 donations and ensure that some members have multiple donations entered. 2. Enter Donations (Relevant chapter – Access 3) a. Develop a form for entering new data called Enter Donations. b. This form must be designed so that you can easily enter new donations without going to the Donations table. c. The goal here is a clean, comprehensible appearance that allows any user to quickly add new information to the database.
  • 2. 3. Major Donors (Relevant chapter – Access 4) a. Create a query that will display all users with donations over an amount of your choosing. b. Name the query Major Donors. 4. Mailing Labels (Relevant chapter – Access 3) a. Create a report that will allow you to print mailing labels for all members in the database. b. Name the report Mailing Labels. In addition to Excel and Access, you have learned some advanced features of PowerPoint. Develop a PowerPoint that will summarize the work that you have done in your group. Requirements: 1. Member Introduction and Group Summary a. Briefly introduce each group member. Include a picture and a short description of the individual’s strengths and contributions to the team. b. Add each group member’s favorite Bible verse and an explanation of how this verse has served as a guiding light in his/her work with the team. (If it has not, have the member be honest and describe why or explain how he/she can better use the verse to guide his/her actions in the future). c. Your PowerPoint must walk the audience through your group’s process and the highs and lows that may have occurred along the way. 2. Ethical Implications and Biblical Worldview a. Add several slides considering the ethical implications of using software applications to house real data similar to that which you have used in your project. What responsibility do the creators and users of technology bear in ensuring the truth is conveyed in the use and manipulation of data? Discuss the balance between absolute truth and using data to reach a particular goal. How does this relate to your conduct as a student and in a real-world setting? Support your ideas from a biblical worldview and include at least 3 Bible verses. Outside
  • 3. sources are not required, but if they are used, you must cite them correctly using current APA format. b. Remember that this is a presentation and not a paper—bullet points and short statements are preferred over longer paragraphs, but your message must be clear. Source information and additional comments can be placed in the Notes section of your slides. 3. Required Elements a. In your presentation, you must include a table, pictures, SmartArt, slide transitions for all slides, slide numbers, a title for each slide, and a theme. b. There is no slide number requirement—use as few or as many slides as you need to effectively complete the project. Submit Group Project – Part 2 by 11:59 p.m. (ET) on Friday of Module/Week 8. Page 1 of 2 BudgetQuarterly BudgetIncomeJanuaryFebruaryMarchTotalProjected IncomeTithe$ 10,224.00$ 8,937.00$ 9,336.00$ 28,497.00Donations$ 5,739.00$ 6,683.00$ 4,772.00$ 17,194.00Investments$ 968.00$ 1,039.00$ 1,274.00$ 3,281.00TOTAL INCOME$ 16,931.00$ 16,659.00$ 15,382.00$ 48,972.00ExpensesJanuaryFebruaryMarchTotalAdministrative CostSalaries$ 7,389.00$ 7,393.00$ 7,388.00$ 22,170.00Insurance$ 392.00$ 392.00$ 392.00$ 1,176.00Reinbursement$ 1,485.00$ 847.00$ 1,049.00$ 3,381.00Total$ 9,266.00$ 8,632.00$ 8,829.00$ 26,727.00Facility CostUtilities$ 2,302.00$ 2,104.00$ 1,928.00$ 6,334.00Church Vehicle$ 573.00$ 638.00$ 567.00$ 1,778.00Maintanance$ 2,774.00$ 1,733.00$ 3,835.00$ 8,342.00Total$ 5,649.00$ 4,475.00$ 6,330.00$ 16,454.00Where do we need to increase or decrease ministry spending?Ministry CostJanuaryFebruaryMarchLocal Missions$
  • 4. 230.00$ 420.00$ 446.00$ 1,096.00Remain the SameDecrease SpendingDecrease SpendingGlobal Missions$ 460.00$ 330.00$ 450.00$ 1,240.00Decrease SpendingRemain the SameDecrease SpendingChildren's Ministry$ 359.00$ 372.00$ 293.00$ 1,024.00Remain the SameRemain the SameRemain the SameYouth Ministry$ 448.00$ 131.00$ 288.00$ 867.00Decrease SpendingIncrease SpendingRemain the SameCollege Ministry$ 278.00$ 263.00$ 372.00$ 913.00Remain the SameRemain the SameRemain the SameAdult Ministry$ 203.00$ 211.00$ 187.00$ 601.00Remain the SameRemain the SameIncrease SpendingTotal$ 1,978.00$ 1,727.00$ 2,036.00$ 5,741.00TOTAL EXPENSES$ 16,893.00$ 14,834.00$ 17,195.00$ 48,922.00DIFFERENCE$ 38.00$ 1,825.00$ (1,813.00)$ 50.00 Group Members: Johanna George Erin Chart Chart926656491978863244751727882963302036 Admin Costs Facility Costs Ministry Costs Monthly Expenses (Jan-Mar) Purchase102245739968893766831039933647721274 Tithe Donations Investments Monthly Income (Jan-Mar) MembersThis spreadsheet analyzes the lease/purchase decision. In the case of a purchase, it is assumedsales tax is paid on the negotiated price at the time of purchase, and property taxes are paid annually.In the case of a lease, it is assumed sales tax is paid on the difference between the list price and thepayoff at
  • 5. the time of purchase, sales tax is paid on the payoff when the lease expires, and property taxesare paid by the lessor. This spreadsheet assumes the item is purchased at the payoff price at the timethe lease expires. The lease has additional value to the lessee because of the option not to purchase.The features of your lease may be different than assumed here.AssumptionsList price$ 26,000Negotiated price$ 24,000Lease period (months)36Payoff$ 20,000Interest rate (APR)7.00%Effective annual rate7.23%Sales tax rate6%Property tax (annual)$ 300Lease payment$ 280ResultsPurchaseLeasePresent value of payments$ 24,000$ 25,343Present value of sales tax$ 1,440$ 1,333Present value of property tax$ 784Total$ 26,224$ 26,676DecisionPurchaseThe following table provides a check on the lease calculations above.SalesPVCumulMonthPaymentTaxTotalFactorPVPV0$ 280360$ 640100.0%640.00640.001$ 280$ 28099.4%278.38918.382$ 280$ 28098.8%276.761195.143$ 280$ 28098.3%275.161470.294$ 280$ 28097.7%273.561743.865$ 280$ 28097.1%271.972015.836$ 280$ 28096.6%270.402286.237$ 280$ 28096.0%268.832555.068$ 280$ 28095.5%267.272822.339$ 280$ 28094.9%265.723088.0410$ 280$ 28094.3%264.183352.2211$ 280$ 28093.8%262.653614.8712$ 280$ 28093.3%261.123875.9913$ 280$ 28092.7%259.614135.6014$ 280$ 28092.2%258.104393.7115$ 280$ 28091.6%256.614650.3116$ 280$ 28091.1%255.124905.4317$ 280$ 28090.6%253.645159.0718$ 280$ 28090.1%252.175411.2419$ 280$ 28089.5%250.715661.9420$ 280$ 28089.0%249.255911.1921$ 280$ 28088.5%247.816159.0022$ 280$ 28088.0%246.376405.3723$ 280$ 28087.5%244.946650.3124$ 280$
  • 6. 28087.0%243.526893.8325$ 280$ 28086.5%242.117135.9326$ 280$ 28086.0%240.707376.6427$ 280$ 28085.5%239.317615.9428$ 280$ 28085.0%237.927853.8629$ 280$ 28084.5%236.548090.4030$ 280$ 28084.0%235.178325.5731$ 280$ 28083.5%233.808559.3732$ 280$ 28083.0%232.458791.8233$ 280$ 28082.5%231.109022.9234$ 280$ 28082.1%229.769252.6835$ 280$ 28081.6%228.439481.1136$ 20,000$ 1,200$ 21,20081.1%17194.8726675.98Scenario SummaryCurrent Values:10%11%8%7%Created by Chetan on 2/22/2016 Modified by Chetan on 2/22/2016Created by Chetan on 2/22/2016 Modified by Chetan on 2/22/2016Created by Chetan on 2/22/2016 Modified by Chetan on 2/22/2016Created by Chetan on 2/22/2016 Modified by Chetan on 2/22/2016Changing Cells:$D$157.00%10.00%11.00%8.00%7.00%Result Cells:$F$27$ 26,676$ 24,835$ 24,255$ 26,045$ 26,676Notes: Current Values column represents values of changing cells attime Scenario Summary Report was created. Changing cells for eachscenario are highlighted in gray. &A Page &P Last NameFirst NameMembership DateEmailAddressPhoneSmall GroupMinistry TeamAutomatic Offering WithdrawlStaff MemberAbdulaFred8/7/14[email protected]Foggy Autoroute, Elevenmile Homestead, Virginia, 24025-4868(571) 429- 8776HernandezNoneYYAbindoSara2/13/08[email protected]Eas y Quail Hill, False Pass, Virginia, 22529-0009(703)674- 0842BakerGreeterNNBakerScott3/19/09[email protected]Crystal
  • 7. Thicket, Condemned Bar, Virginia, 23269-1623(703) 812- 9225HernandezTrusteeYNBallouMicaela6/7/07[email protected] Misty Fawn Field, Fizzben Heights, Virginia, 22333-5978(703) 261- 5995KnightGreeterNNBattersonJames5/2/95[email protected]Hi gh Range, Komandorski Village, Virginia, 23566-9376(804) 056- 3950BakerGreeterNNBlueRebecca4/21/11[email protected]Red Boulevard, Mars, Virginia, 23812-8182(540) 022- 3559BakerNurseryYNCollinsFrita5/6/12[email protected]Silent Drive, Priest, Virginia, 22192-9063(757) 432- 8504HernandezGreeterNNCorwinTanner1/18/04[email protected ]Fallen Mall , Rough And Ready, Virginia, 22130-5748(804) 402- 0992LoweMusicNNCorwinKarson1/18/04[email protected]Falle n Mall , Rough And Ready, Virginia, 22130-5748(703) 924- 1128LoweChildrenNNFlorindoNina8/22/99[email protected]Silv er Cloud Byway, Recreation, Virginia, 24219-2902(804) 387- 9452LoweChildrenNYFlorindoTroy2/27/06[email protected]Silv er Cloud Byway, Recreation, Virginia, 24219-2902(571) 871- 0572LoweYouthYNGainsChelsea3/1/14[email protected]Cotton Mountain Canyon, Humptulips, Virginia, 24408-4731(540) 599- 5170HernandezNoneYNHarrisSabrina6/17/90[email protected]V elvet Freeway, Index, Virginia, 22445-0979(540) 582- 0703MarcosOutreachNNHarrisonRob6/17/90[email protected]Su nny Autumn Passage, Planet, Virginia, 23023-6200(703) 048- 6905BakerBusYNHernandezKaitlyn6/7/08[email protected]Ston y Avenue, Goodpasture, Virginia, 22735-0664(571) 236- 9402HernandezChildrenYNHernandezJon8/4/13[email protected ]Stony Avenue, Goodpasture, Virginia, 22735-0664(434) 986- 2037HernandezTrusteeNNHoneycutKatie8/30/13[email protecte d]Jagged Crescent, Swink, Virginia, 22321-9493(804) 237- 7842BakerNoneYNJeffriesSylvia9/17/15[email protected]Grand Edge, Bugtown, Virginia, 22452-0297(571) 694- 6374MarcosNoneNNJohnsonJameel9/17/15[email protected]Ta wny Heights, Stovepipe, Virginia, 22209-6087(434) 028-
  • 8. 6615KnightNoneNNKapteynLane4/12/13[email protected]Wishi ng Park, Burnt Hill, Virginia, 24575-1739(540) 209- 2915BakerTrusteeNYKnightMaria2/21/01[email protected]Quiet Village, Toad Suck, Virginia, 23418-9593(703) 021- 5494KnightGreeterYYLopezMarco5/4/02[email protected]Burni ng Walk, Twist, Virginia, 23192-2923(434) 505- 6950HernandezDeaconNNLoweMike5/4/02[email protected]Slee py Wynd, Wolf Pen, Virginia, 23604-6066(804) 205- 0490LoweBusYNLoweRachel7/15/06[email protected]Sleepy Wynd, Wolf Pen, Virginia, 23604-6066(804) 380- 4474LoweGreeterNNLoweRobert7/15/06[email protected]Sleep y Wynd, Wolf Pen, Virginia, 23604-6066(571) 499- 7922KnightDeaconNNLoweLynda5/22/10[email protected]Nobl e By-pass, Gross, Virginia, 22303-5024(757) 227- 8813KnightYouthYNMarcosJulianne8/9/05[email protected]Dus ty Bear Diversion, Dimple, Virginia, 22087-5847(703) 215- 5070MarcosChildrenYNMartinSanda5/1/06[email protected]Sha dy Embers Route, Soft Shell, Virginia, 23434-3790(703) 350- 2806LoweMusicNYMartinAndrew3/27/07[email protected]Shad y Embers Route, Soft Shell, Virginia, 23434-3790(571) 756- 8857LoweTrusteeYYMatthewsThomas11/7/11[email protected] Rocky Dale, Pringle, Virginia, 23216-1609(571) 105- 1908BakerDeaconNNMatthewsCorinne10/4/12[email protected] Blue Rabbit Front, Greasy, Virginia, 22461-8702(757) 830- 9584KnightNoneNNMatthewsAdrian10/4/12[email protected]Bl ue Rabbit Front, Greasy, Virginia, 22461-8702(434) 245- 0008KnightNoneYNMcKlainBrianna3/6/12[email protected]Coz y Landing, Sawdust, Virginia, 22725-7300(276) 193- 4284KnightMusicNNMooreDawna2/9/09[email protected]Hidde n Circuit, Zipperlandville, Virginia, 22519-4997(757) 329- 6546HernandezChildrenNNMorganJoseph7/5/01[email protected ]Amber Berry Vista, Breakneck, Virginia, 24688-9366(571) 169- 1193StroupBusYNParkerErin11/30/14[email protected]Broad Glade, Bear, Virginia, 23754-3092(757) 795- 9243BakerNoneNNPearsonSean9/19/91[email protected]Hazy
  • 9. Apple Cape, Land O'Lakes, Virginia, 23821-9634(571) 504- 6647StroupBusNNPetersonJoy8/24/12[email protected]Middle End, Faceville, Virginia, 23404-2567(540) 913- 3734LoweGreeterYNPetreeKimberly6/5/07[email protected]Har vest Gate View, Sigsbee, Virginia, 22647-2243(276) 806- 4930StroupNurseryNNPorterfieldJosiah2/3/99[email protected] Merry Key, Purgatory, Virginia, 23094-4406(571) 785- 2499HernandezChildrenYYQuentoKristin6/4/98[email protected ]Pleasant Robin Beach, Robinhood, Virginia, 23776-1094(276) 895- 2277HernandezYouthYNRancoMax3/1/06[email protected]Gentl e Brook Inlet, Square Lake, Virginia, 23331-7967(571) 293- 8763BakerOutreachYNReminoFlavio11/18/05[email protected] Dewy Trail, Dulls Corner, Virginia, 24217-3542(703) 716- 1624HernandezDeaconYNReynoldsAshley4/22/06[email protect ed]Thunder Elk Parade, Monumental, Virginia, 23516- 7634(571) 090- 9275KnightMusicNNSandersRuby7/2/10[email protected]Clear Branch Row, Smooth Hummocks, Virginia, 23280-9628(757) 319- 7330StroupNurseryNNSanerJimmy6/9/10[email protected]Brigh t Pines, Crafts, Virginia, 22749-9960(703) 443- 4690KnightNoneNNSearsRonda2/17/98[email protected]Honey Arbor, Yaphank, Virginia, 23914-6000(804) 576- 5160BakerBusYNSewellJesse8/11/13[email protected]Heather Promenade, Pungo, Virginia, 23217-0603(540) 623- 7607LoweNoneNNSmartChandler10/4/07[email protected]Emer ald Meadow, Angel, Virginia, 22382-9433(703) 360- 7497StroupChildrenYNSmithKaren11/2/97[email protected]Littl e Goose Swale, Concept, Virginia, 24468-1001(757) 321- 3521HernandezMusicYNSmithMadison10/4/07[email protected] Little Goose Swale, Concept, Virginia, 24468-1001(703) 171- 6369HernandezNoneNNStroupSharon3/23/01[email protected]L ost Via, Parachute, Virginia, 23904-2975(276) 585- 4151StroupNurseryYNStroupHoward7/22/03[email protected]Lo st Via, Parachute, Virginia, 23904-2975(434) 640-
  • 10. 8001StroupMusicNNTerylMegan4/11/95[email protected]Old Arbor, Eightmile Saddle, Virginia, 22649-9982(540) 434- 5986BakerBusYNThomsonMatthew12/18/09[email protected]St ony Deer Drive, Whiskey Bend, Virginia, 24056-5002(804) 041- 7514KnightDeaconYNTuckPhillip6/13/00[email protected]High Gate Ridge, Negro Bend, Virginia, 23450-5613(757) 783- 9642LoweTrusteeYNTysonMark12/2/94[email protected]Umber View Jetty, Ohio, Virginia, 24566-4816(757) 341- 2674KnightMusicNYVandeverAmy9/28/15[email protected]Blu e Fox Orchard, Roachtown, Virginia, 24181-0815(757) 769- 2364StroupNoneNNWillisAnna9/28/15[email protected]Amber Lookout, Walkinghood, Virginia, 22582-2196(703) 811- 8492LoweNoneNNWilsonJudith12/1/02[email protected]Hazy Abbey, Bug, Virginia, 24079-0038(434) 775- 6392HernandezChildrenYNMinistryTeam MembersSmall GroupMembersNone13Marcos3Children8Stroup8Greeter7Baker 11Music7Knight12Bus6Lowe12Deacon5Hernandez14Trustee5G rand Total60Nursery4Youth3Outreach2Grand Total60 [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] [email protected]
  • 11. [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] [email protected]
  • 12. [email protected] [email protected] [email protected] [email protected] [email protected] [email protected]