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1. Calculate the present value of the annuity. (Round your answer to the nearest cent.) $1900 monthly at 6.5% for 30 years. 2. Determine the
1. Calculate the present value of the annuity. (Round your answer to the nearest cent.)
$1900 monthly at 6.5% for 30 years.
2. Determine the payment to amortize the debt. (Round your answer to the nearest cent.)
Monthly payments on $110,000 at 4% for 25 years
3. Determine the payment to amortize the debt. (Round your answer to the nearest cent.)
Quarterly payments on $17,500 at 3.9% for 6 years.
4. Find the unpaid balance on the debt. (Round your answer to the nearest cent.)
After 7 years of monthly payments on $190,000 at 4% for 25 years.
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