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please explain work ( how to calculate it with a financial calculator) thank you what was my annual percentage rate return? Question 10: How much
please explain work ( how to calculate it with a financial calculator) thank you what was my annual percentage rate return? Question 10: How much can I borrow for the purchase of my first home if I can afford to make monthly payments of $1,000, and the annual interest rate is 4.8 percent on a 30-year mortgage? PROBLEM: Single Amount or Annuity Periodic Interest Rate $3.000 0.006 Number of Periods 60 Answer: Present Value of Single Amount formula Future Value of Single Amount formula Future Value of An Annuity formula Future Value of An Annuity Due formula Present Value of An Annuity formula Partie Present Value of An Annuity Due formula
please explain work ( how to calculate it with a financial calculator) thank you
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