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Please help me fill out the two blank equations under equal monthly payments. The ones that say $100,000/CF = ___________ and CF= _________ clearer photo

Please help me fill out the two blank equations under equal monthly payments. The ones that say $100,000/CF = ___________ and CF= _________ image text in transcribed
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FINANCIAL MODELING: You have just take out a Home Equity Loan in the amount of 100,000 from your local Fest Antic Tederal Credit Union at SOS Series As a credit analystese he prepare a user-friendly structured payment plan for cent meeting Terms of Loan: (1) Amount of loan 5 00.000 5505 (3) Terms of months (4) touloty Payments Equal Monthly Payments: Probably the monconnontpe of nonangoloan home on equal ly payments every period PV of Anu 05411 Cash Flow CF1 Cimoncent PV of Anu 00.000 100 OF o 54 100.000 96. You have just taken out a Home Equity Loan" in the amount of $100.000 from your local First Atlantic Federal Credit Union at 6.50% foed rates As a credit analyst, please help prepare a user-friendly structured payment plan for a client meeting. Terms of Loan: (1) Amount of Loan $ 100,000 (2) Annual fixed rate 6.50% (3) Term of loan; months = (4) Equal Monthly Payments Equal Monthly Payments: Probably the most common type of amortizing a loan, home or auto, is to have the borrower made same, equal monthly payments every period. PV of Annuity = $ 100,000 (months) = 96 onthly fixed rate) = 0.5417% C(monthly payments = Cash Flows PV of Annuity CF*((1 - (1/(1 + r))) Equation (4.15) RWJ $ 100,000 = CF"((1 - (1/(1 + 0.5417))%0.5417) $100,000/CF CF

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