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!please show how to do on financial calculator! Assume you have taken out a partially amortizing loan for $325,000 that has a term of 7
!please show how to do on financial calculator! Assume you have taken out a partially amortizing loan for $325,000 that has a term of 7 years, but amortizes over 30 years. Calculate the balloon poyment at maturity (Year 7 ) if the interest rate on this loan is 4.5%. Mutiple Choice $1.64673 $118,468.21 $282,835.42 $324,572.02
!please show how to do on financial calculator!
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