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To determine the effects of different interest rates on the total cost of the inn, fill the range A14:A22 with a percent series based on
- To determine the effects of different interest rates on the total cost of the inn, fill the range A14:A22 with a percent series based on the values in the range A12:A13.
- Create a one-input data table as follows to determine how variable interest rates in the range A12:A22 will affect the total cost of the new inn:
- In cell B11, insert a formula that references cell D5 (the monthly payments).
- In cell C11, insert a formula that references cell D6 (the total interest paid on the loan).
- In cell D11, insert a formula that references cell D7 (the total cost of the mortgage).
- Based on the range A11:D22, create a one-input data table using an absolute reference to cell D3 (the mortgage interest rate) as the Column input cell.
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