interest rate.

This is a practice problem.

Please note:

You have unlimited attempts and will receive your highest score.

For your first attempt, try your best and see what you can do without any help. After you submit your first attempt, you will have access to step by step tutorial videos to help you understand any areas you had problems with.

$1\mathrm{.}1$ Calculate $"$PMT OK$?"$ in $($cell $15))$

Use a Boolean formula that returns TRUE if the $"$PMT$/$Income$"($cell E$5))$ ratio is below $43\%.$

Copy your formula down to complete the $"$PMT OK$?"$ column.

$12$

$1\mathrm{.}2$ Calculate "Down OK$?"$ in

$1\mathrm{.}3$ Calculate "Score OK$?"$ in

$1\mathrm{.}4$ Calculate "Approved?" in

$1\mathrm{.}5$ Calculate "Discount?" in