You are provided the following information for a Education Loan that you are planning to take.

Find out the EMI you will be required to pay?

Loan ₹ 600,000.00 pv
Duration 60 months nper
Interest 8.50% per annum rate

EMI ₹ 12,309.92

Create a One-way Table to ge the EMI's in each of the following durations:

EMI ₹ 12,309.92
50
52
54

Interest Rate
56
Months

58
60
62
64
66
68

Create a Two Way Table to get the EMI in each of the following cases

₹ 12,309.92 7.0% 7.5%

50
52
54
56
Months

58
60
62
64
66
68

₹ 12,309.92 52 54
7.0%
7.5%
8.0%
8.5%
Months

9.0%
9.5%
10.0%
10.5%
11.0%
 M
11.5%

What should be loan amount if you wish to not pay more than Rs.10,000 as EMI per month?
Loan ₹ 487,411.83
Duration 60
Interest 8.50%

EMI ₹ 10,000.00

What should be the interest rate, for the loan amount of Rs.600,000 if you wish to pay not more than Rs.10000 as EMI?
Loan ₹ 600,000.00
Duration 60
Interest 0.00%

EMI ₹ 10,000.00

What should be the duration, for the loan amount of Rs.600,000 if you wish to pay not more than Rs.10000 as EMI?
Loan ₹ 600,000.00
Duration 78.4013419064766
Interest 8.50%

EMI ₹ 10,000.00
EMI ₹ 12,309.92
7.0%
7.5%
8.0%
8.5%
9.0%
9.5%
10.0%
10.5%
11.0%
11.5%

8.0% 8.5% 9.0% 9.5% 10.0% 10.5% 11.0% 11.5%

56 58 60 62 64 66 68 70
more than Rs.10000 as EMI?

than Rs.10000 as EMI?