You wish to buy a $$250,000$ home. You have an option of terms $15$ years $(180$ months$)$ at $5\%$ interest or $30$ years

$(360$ months$)$ at $6\%$ interest. How much will your payments be a month under each? How much of each of the

payments will be interest and how much will contribute to principle? $($Assume you make your payments as most

people do at the end of the month$).$

Below is a copy of how your Data Section should be set up to drive your

Here is an example of how the title of your loan schedule

payment schedule:

should look: