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in range F4:L8, use two variable data table to find out the monthly payment you should pay based on different loan amount and time periods
in range F4:L8, use two variable data table to find out the monthly payment you should pay based on different loan amount and time periods Terms.?
\begin{tabular}{|l|r|} \hline \multicolumn{2}{|c|}{ Bank offer } \\ \hline Initial Investment & ($50,000) \\ \hline Loan Amount & $750,000 \\ \hline Annual Interest Rate & 4.00% \\ \hline Interest Rate(Monthly) & 0.33% \\ \hline Number of Months(NPER) & 120 \\ \hline \end{tabular} Time Periods \begin{tabular}{|r|c|c|c|c|c|c|c|} \hline($15,186.77) & 120 & 132 & 144 & 156 & 168 & 180 & 192 \\ \hline 500,000 & & & & & \\ \hline \end{tabular} \begin{tabular}{|l|r|} \cline { 1 - 1 } \multicolumn{1}{|c|}{ Monthly Payment } & ($15,186.77) \\ \hline PMT & $4,500.00 \\ \hline PV & $500,000.00 \\ \hline Number of Periods & \\ \hline \end{tabular}Step by Step Solution
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