Q88. Convert the following statement to “pseudo-Excel” formulas (follow the example to see what we mean by that).
Example. "If it is Tuesday, this must be Belgium, otherwise it is France" would become something like

= if(day="Tuesday","Belgium","France")

If the calculated payment (CALC_PMT) is less than the alternative monthly minimum payment (ALT_MIN_PMT) then the payment is the alternative monthly payment otherwise it is the calculated payment.