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Apply a custom number format to cell L2 to display Amount of Payment. Create a scenario named Current loan option, using amount of loan and
Apply a custom number format to cell L2 to display Amount of Payment. Create a scenario named Current loan option, using amount of loan and interest rate as variable cells. Enter 25000 and 4.25% as the values for the scenario. Uncheck Prevent changes to change cell values. Create a second scenario named Best loan option, using the same changing cells. Enter 16000 and 3.00% the values for the scenario. Uncheck Prevent changes to change cell values.
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