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Task 6-8 Data Task 1 Data Loan Amount Interest Rate* Number of Payments Monthly Payment * Remember to divide the interest rate by 12 (to
Task 6-8 Data Task 1 Data Loan Amount Interest Rate* Number of Payments Monthly Payment * Remember to divide the interest rate by 12 (to calculate the monthly interest rate) in your function. \begin{tabular}{l|} \hline \\ \hline Task 3 and 4 Data \\ \hline \\ \hline Loan Amount \\ Monthly Payment \\ \hline Number of Payments \\ \hline Nominal Interest Rate \\ \hline Effective Interest Rate \\ \hline * Remember to multiply the nominal interest rate by 12 (to calculate the annual \\ interest rate). \end{tabular} \begin{tabular}{|lr|} \hline Task 2 Data & \\ \hline Monthly Payment & $1,200.00 \\ Interest Rate* & 4.25% \\ Number of Payments & 360 \\ & \\ \hline Loan Amount & $3.36 \\ \hline Remembertodividetheinterestrateby12(tocalculatethemonthlyinterestrate)inyourfunction. \\ \hline \end{tabular} \begin{tabular}{|l|r|} \hline Task 5 Data \\ \hline Monthly Savings Amount & $75.00 \\ Interest Rate* & 2.75% \\ Number of Months & 36 \\ \hline & \\ \hline Future Account Balance & \\ \hline & * Remember to divide the interest rate by 12 (to calculate the monthly interest \\ \hline rate) in your function. \end{tabular}
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