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do i use nt calculator and plug all of these in just like stated above? Now try: Let's say that you want to buy a

do i use nt calculator and plug all of these in just like stated above? image text in transcribed
Now try: Let's say that you want to buy a convertible that costs $32,035. You are offered a 60-month loan at 7.11%, compounded annually. What will the monthly payment amount be? Step 1: Put in your information HORRAL FLOAT AUTO GRL BEGREEN N-60 IX-7.11 PV-32035 PMT- FV=0 P/Y-12 C/Y=12 PMT END BEGIN ALDOR ALMA ID ENTER then go to PMT and click NORMAL FLERT AUTO GEBU DEGREE N=60 IX-7.11 PV-32035 PMT=-632.2491947 FV= P/Y-12 CY=12 PMT:END BEGIN disregard the negative sign, it just indicates money going out 13. You just graduated RCCC, got a newjob, and are ready to purchase a home. You find your dream starter home and can purchase it for $120,000 with a loan at 5% interest compounded monthly. a. How much will you have paid after 30 years of mortgage payments? Click or tap here to entertext. b. Is this the exact same value as #5? Why or why not? Click or tap here to enter text

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