I need help on the true false questions please

M N 0 R Use the inputs below the loan calculator for each scenario Run the numbers for scenario 1 and record the results. Then do the same for scenarios 2, 3. Scenario 3 Scenario 1 $250,000 20% Scenario 2 $250,000 Tractor Cost Down payment Annual interest rate 5.5% 5.5% Loan period Corn price $7.50 Yield 170 170 Put Your Answers Below (4 pts each) 3,268 4,651 Monthly payment Annual payment 39,216 40,918 Total interest 35,266 23,262 Total loan cost 235,266 223,262 Bu needed to cover and payment 52,281 74,421 Breakeven acres 308 438 6 yrs 4 yrs $250,000 20% 7.0% 6 yrs $5.50 170 3,410 40,918 45,506 245,506 74,396 438 Additional Questions Place an "x" in the correct box (4 pts each) T Higher interest rates increase monthly payments? The longer the loan the greater the interest paid? Corn prices have little impact on the ability to finance the tractor? Lower avg net returns means higher breakeven acres? Greater the down payment the lower the monthly payment? 162 F