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( 2 0 pts ) Calculate the CPR and SMM using the 1 6 5 % PSA schedule for months t = 1 through t

(20 pts) Calculate the CPR and SMM using the 165% PSA schedule for months t=1 through t=30. Display your results in a table below with four columns labeled, from left to right, t, PSA, CPR, SMM. You can use an Excel spreadsheet to calculate this for the homework but be sure you know how to perform this calculation manually for the exam on chapters 4 & 8. Cut and paste the table from your Excel spreadsheet (if you use it) into the Word document below. CPR and SMM must be expressed as decimals not as percentages.

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