need help with Part of the data table (B14:H27) has been set up for you. Particularly, C14 links to the initial loan term assumption D9 and cells D14:H14 are set based on the loan term decrement assumption D10; B15 links to the initial annual interest rate assumption B9 and cells B16:B27 are set based on the initial interest increment assumption B10. Please complete the Data Table set up to calculate the monthly payments (as positive numbers) at different interest rates (B15:B27) and loan terms (C14:H14). Note: the data table is designed to be flexible, i.e., it will update automatically for any changes in the loan assumptions A9:D10. Use Conditional Formatting to format C15:H27 such that all the monthly payments that are higher than the maximum allowable monthly payment in N5 are in red color.
Solved by I. H. in 13 mins