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Instructions Your instructor will grade your answers on two criteria: 1. Did you get the correct value for each question 2. Did you use the "Optimal" solution to get the correct value Requirements 1. Answer each question on the "One-Way" worksheet indicated by a red box Caution, Borrowed Amount is Home Value minus Down Payment 2. Build a One-Way Data Table that will calculate Monthly Payments and Total Interest Paid based on the Interest Rate Data Provided 3. Duplicate the completed "One-Way" worksheet and re-name it Goal Seek. Then determine the down payment necessary to achieve a Monthly Payment of $850 4. Answer each question on the "Two-Way" worksheet indicated by a red box Caution, Borrowed Amount is Home Value minus Down Payment 5. Build a Two-Way Data Table that will calculate Monthly Payments based on: a. Down Payments from $0.00 to $50,000 (in $5,000 increments) b. Loan Terms of 15 years, 20 years, 25 years, and 30 years Save this worksheet to your computer as FirstName_LastName_Wk13_Homework Upload your completed worksheet to Scholar by the due date and time Instructions Your instructor will grade your answers on two criteria: 1. Did you get the correct value for each question 2. Did you use the "Optimal" solution to get the correct value Requirements 1. Answer each question on the "One-Way" worksheet indicated by a red box Caution, Borrowed Amount is Home Value minus Down Payment 2. Build a One-Way Data Table that will calculate Monthly Payments and Total Interest Paid based on the Interest Rate Data Provided 3. Duplicate the completed "One-Way" worksheet and re-name it Goal Seek. Then determine the down payment necessary to achieve a Monthly Payment of $850 4. Answer each question on the "Two-Way" worksheet indicated by a red box Caution, Borrowed Amount is Home Value minus Down Payment 5. Build a Two-Way Data Table that will calculate Monthly Payments based on: a. Down Payments from $0.00 to $50,000 (in $5,000 increments) b. Loan Terms of 15 years, 20 years, 25 years, and 30 years Save this worksheet to your computer as FirstName_LastName_Wk13_Homework Upload your completed worksheet to Scholar by the due date and time

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