Q90. 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 is less than the alternative minimum monthly payment then pay the alternative monthly minimum unless it is more than the remaining balance in which case just pay the balance off. Otherwise pay the calculated payment.