John takes out a loan for $$9100$ at $9\%$ interest compounded monthly and is making payments of $$98$ a month. Calculate his remaining balance after $36$ months.

John's balance due after $36$ months will be $

Time Value of Money Solver

Enter the given values.

$N$:$=$

$3$olve

Number of Payment Periods

I: $\%=$

ve

Annual Interest Rate as a Percent

PV: $=$

olve

Present Value

PMT: $=$

Payment

FV: $=$

Future Value

P$/$Y:

Payments per Year

$\frac{C}{Y}$ :

Compounding Periods per Year

PMT: $=$