Hello guys,
My above reply was for Viki when she said that detailed signposting are for methodology and charting explanation.
As for the most recent query, I would not be explicitly state the value of the parameters, just defining them as follows:
"
This sheet sets out all the parameters used in the spreadsheet. It includes the following:
- The standard amount of the mortgage for a first-time buyer type of mortgage.
- The Annual Percentage Rate (APR) for a first-time buyer type of mortgage.
- The term of a first-buyer type of mortgage.
- The uplift factor which is used to increase the repayment amount by a fixed percentage.
- The frequency of the mortgage payment.
- The typical amount of mortgage given to customers who are moving to a new house.
- The typical amount of mortgage given to other customers.
- The term of all other mortgages besides the first-time buyer type.
It is to be noted that where named ranges have been defined these are detailed in red italic adjacent to the relevant cells and pale shading (orange) indicates input cells that can be changed by the user."
You may also wish to know that Parameters section is not a requirement in Summary for Paper 2.