You are working as an analyst with a Bank in Noida.

Recently there was a Branch

Managers meeting wherein the recent Monetary policy was dicssued. With RBI keeping the
interest rates same on the anticipation of growth and inflation variations,
your bank manager has called for a meeting. The Manager anticipates that the
demand for Loans will pick up especially in view of stability of Interest rates in the near
future and 'Housing for All'scheme rigouroulsy pushed by the Government
1. In regards to this the branch manager has asked you to develop a financial model using data table to indicate to the cus
Assume:
Loan Amount: 10 Lakhs
Interest Rate: 6% 7% 8% 9% 10%
Tenure ( years) 10 15 20 25 30

2. Also using Data Validation, Show the varied Equated annual installment and EMI for the above mentioned rates

3. Also using developer function create a model with increment of 10,000 for loan amount, 1% for interest rate and 1 year
ata table to indicate to the customers quickly what would be their EMI

bove mentioned rates

1% for interest rate and 1 year for period