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B D E F G H 1 K You want to borrow $80,000 and make monthly payments for 10 years. The maximum monthly payment you

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B D E F G H 1 K You want to borrow $80,000 and make monthly payments for 10 years. The maximum monthly payment you can afford is $1,000. Use Goal seek to determine the 2 maximum interest rate you can afford? 3 Borrowing $80.000 4 No of periods (months) 120 5 Interest rate (monthly) ($40,000.00) 6 Payments (monthly) $1,000 7 8 9 Set cell 10 To value 11 By changing cell 12 13 14 15

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