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Q 5 . Using Scenario Manager for sensitivity analysis For the following example of obtaining a 1 5 year mortgage to buy a house you

Q5. Using Scenario Manager for sensitivity analysis
For the following example of obtaining a 15 year mortgage to buy a house you are likely to obtain a loan of $400,000
The number of months for repayment of loan (monthly payment that includes both principal and interest) are 240 months (20 years).
The annual interest rate is 6%. Use scenario manager to create a report tabulating monthly payments for the following scenario:
\table[[Scenario,Amount Borrowed,Annual Rate,Number of monthly Payments],[Lowest payment,$300,000,4%,360,],[Most-likely payment,$400,000,6%,240,],[Highest Payment,$550,000,8%,180,]]
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