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Title 8 . In the list of interest rates ( range A 1 2 :A 2 4 ) , create a Conditional Formatting... Description 8

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8. In the list of interest rates (range A12:A24), create a Conditional Formatting...
Description
8. In the list of interest rates (range A12:A24), create a Conditional Formatting Highlight Cells Rule to highlight the listed rate that matches the rate for the Beecher Street house (cell D3) in Light Red Fill with Dark Red Text. 9. Change the color of the left, right, and bottom borders of the range A9:D24 to Tan, Accent 4, to match the other outside borders in the worksheet. 10. Miranda and Ricardo talked to three local banks about securing a mortgage for the Beecher Street house. With the first bank, they could borrow $315,000 at 4.40 percent annual interest and pay back the loan in 30 years. She wants to determine the monthly payment with the first bank. In cell G9, enter a formula using the PMT function and the monthly interest rate (cell G5), the loan period in months (cell G7), and the loan amount (cell G3) to calculate the monthly payment with Bank 1.11. With the second bank, Miranda and Ricardo could reduce their monthly payments to $1,500 but pay a higher annual interest rate (4.56 percent) to pay back the loan in 30 years. Miranda wants to know how much she can borrow with those conditions. In cell H3, insert a formula using the PV function and the monthly inte H5), the loan period in months (cell H7), and the monthly payment (cell H9) to calculate the loan amount for Bank 2.12. The third bank will allow Miranda and Ricardo to borrow $337,500 at an annual interest rate of 4.56 percent and a monthly payment of $1,500. Miranda wants to know the amount remaining on the loan after 20 years, or the future value of the loan, so that she and Ricardo can start to pay it off more quickly at that point. In cell I10, insert a formula using the FV function and the monthly interest rate (cell I5), the loan period in months (cell I7), the monthly payment (cell I9), and the loan amount (cell I3) to calculate the future value of the loan with Bank 3.13. Miranda plans to print parts of the Mortgage Calculator workbook. Prepare for printing as follows: a. Set row 2 as the print titles for the worksheet. b. Set the range F2:I13 as the print area. 14. Hide the Listings worksheet, which contains data Miranda wants to keep private. 15. Go to the Car Loan worksheet, which contains details about a loan Miranda and Ricardo took out for a new car. The worksheet contains two errors. Make sure Excel is set to check all types of errors, and then resolve the ones on the Car Loan worksheet as follows: Now House Mortgage Calculator

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