Question: please do in excel and explain all steps Question 2 Part a) You took a loan of $10,000 at a monthly interest of 1%. As
Question 2 Part a) You took a loan of $10,000 at a monthly interest of 1%. As per the contract, your minimum monthly payment is $222.5 for 5 years. Create a loan amortization table. Use the following labels for the table. How much is your total interest payment? Payment Number Principal before payment Interest Payment Payment on Pricipal Principal After Payment Part b) Re-develop the loan amortization table considering that you increased your monthly payments to $300. How much is your total interest payment? Question 3 Draw a surface plot for F(X,Y)= 3X+5Y Where 0
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