You'll need the following resources for this try$-$it:

Open L$3\_$T$1\_$try?$\_\_$drone$\_$payment$\_$starter.xlsx in this lesson's Learning Activity Resources.

Instructions

The following are the general tasks that you must perform during this try$-$it:

Use Goal Seek to calculate the best interest rate to reduce the monthly repayment value to $$40.$

Note the value suggested in cell $B9,$ and then undo the solution.

Repeat for the loan period and note the value in cell $B10.$

Repeat for the loan amount and note the value in cell B$11.$

Save the file as the same filename plus your initials.