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Make the necessary assumptions to complete your VBA models in a clear and easy to follow structure. When documenting your models, assume that you are an investment analyst, portfolio manager, bank fund manager etc where you are introducing a new approach to analysing your client’s reports by using VBA programming. You want to persuade them to appreciate the advantages of VBA modelling.
(i) Create and document a model to produce an amortization table for a fixed rate loan using the PMT function. The loan is to be repaid in equal annual instalments over its life and the first payment is to be made at the end of the first year. Use dialog boxes to get the user inputs. The program should validate the user input for reasonableness and ask the user to modify any input that is not appropriate. For output, use the worksheet predesigned with labels, table headings, formatting and so on.
(ii) Explain and demonstrate another alternative VBA method which you could have used to solve the problem in No (i) instead of using the PMT function in VBA.
(iii) Use the above VBA exercise in (a) and (b) to compare and contrast VBA modelling and Excel modelling
(iv) Create a workbook with a macro that creates three additional excel windows from the same workbook. Explain how your VBA macro works.?
Presentation :All your code, data inputs and outputs should be in the same worksheet. Each question will marked out of 100 marks and 10 marks are reserved for good presentation ie. efficiency, elegance and clarity of the code. Therefore please remember to choose your data variable names carefully, indent your code, comment extensively to explain your code. When there are multiple ways of doing the same thing, use more efficient commands and richer data structures to achieve the same result.

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