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B D H K 1 Create a One-Input Table that shows all three: Monthly Payment for the loan, Total Payments over the life and Total
B D H K 1 Create a One-Input Table that shows all three: Monthly Payment for the loan, Total Payments over the life and Total Interest over the life at rate ranges starting at 3.50% and ending at 6.50% in increments of 50% (10 Points) Input Values Annual Rate 3.75% # Monthly Payments 48 Loan Amounts $375,000.00 o 10 points possible Payment f(x) Total Payments fox) Total Interest (O) 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 Don't let this table confuse you! This is not a "4 input table" it's simply THREE one-input tables at. All 3 are based on the ONE independent variable (the annual rate) changing to give you the output of three different dependent variables: Payment, Total Payments, and Total Interest). Use the space provided in Column C to create the base-case formula
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