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Assume 30-year maturity that interest is 4.00% for the market rate of interest and a mortgage balance of $430,000.00. What will the balance of the
Assume 30-year maturity that interest is 4.00% for the market rate of interest and a mortgage balance of $430,000.00. What will the balance of the mortgage be after 4.00 years?
(a) $4,669,737.58
(b) $397,808.30
(c) $2,052.89
(d) $1,424,804.15 (Could you show me how I would input this onto a ti-84 calculator using the tvm_solver function) thank you.
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