What are some alternative strategies to the interest-only period for loan repayment?

The concept of an interest-only period can be applied to global companies like Apple or Tesla in a similar way as it is applied to any other entity. When these companies take out large loans, they could opt for an interest-only period. This means that they would only be responsible for paying off the interest part of the loan initially, making the loan seem more affordable at first. However, it also means that the principal, the amount they borrowed, isn't decreasing during this time. This could be a strategic move for companies that are expecting higher revenues in the future, which would allow them to pay off the principal amount later.

Both Google Sheets and Microsoft Excel offer robust financial management tools that can be used for managing loans and analyzing repayment methods. They both allow you to create complex financial models, use formulas to calculate loan payments, and create charts and graphs to visualize data. However, Excel has been around longer and has more advanced features, but Google Sheets is more accessible and easier to share with others. Ultimately, the choice between the two would depend on your specific needs and preferences.