Daniel is planning to buy a house on a thirty-year mortgage plan. He expects the interest rate which is presently at 2% may shoot up - in increments of 25 basis points - perhaps even to 6.00%. He is planning on a house that can cost anywhere from $400,000 to $600,000 in increments of $1000. Assume that there is no down payment. For what rate of interest and house cost will his monthly payment be $2864? Please use Excel o answer it.