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Data Tables in Excel
Question One
Assuming a bank loan of 2000000 at an annual interest rate of 13% from
stanbic bank for three years. Determine the monthly payments for this loan.
Assuming the following banks are offering the same amount within the same period but at different interest rates,
A. Determine their monthly payments through use of datatables.
B. Create scenarios for the different interest rates and their monthly payments. C. Plot a line chart for the banks and their interest rates, and a linear trend line forward by an interval of two periods.