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N = 5 years FV = 1 0 , 5 0 0 I % = 5 . 5 1 % P / Y = 1
N years FV
I PY
PV CY
PMT $ PMT: END BEGIN
Monthly payment would be $
After making payments for months, Natasha decides to repay the loan in full. Use this information and the monthly payment, found above, to calculate her payoff amount PV on the loan.
How many payments does Natasha have left Use this as N in the TVM Solver below
Calculate the payoff amount PV
N FV
I PY
PV CY
PMT PMT: END BEGIN
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