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34 x fx B D E F. G H 1 J K L M N Q This problem will compute the monthly payments associated to
34 x fx B D E F. G H 1 J K L M N Q This problem will compute the monthly payments associated to a $20,000 loan for various rates and terms. Loan: $20,000 Years Monthly Payments 6% 5% 7% 8% a.) Complete the table which computes these monthly payments, and make them positive by multiplying each one by -1. 3 4 5 b.) Create a well labeled line chart displaying the information from this table. 6 7 c.) Complete the table which computes the total interest paid over the life of each loan using the monthly payments times the total number of payments minus what you borrowed. Years Interest Charged 6% 5% 7% 8% 3 4 d.) Create a well labeled column chart displaying the information from this second table. m+ 0 N 5 6 7
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