Calculate the loan fee, amount, and term.

After analyzing your situation, you conclude you have a financial need of $$35,000($C$3).$

FSA will charge you a $1\mathrm{.}06\%$ fee $($C$4)$ before turning your case over to the financial institution servicing your loan.

In cell C$5$ calculate the amount of the fee.

In cell C$6$ calculate the amount of the total loan amount required.

In C$9$ calculate the number of monthly payments you will make.