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PLZ show the steps to do on the HP 10BII financial calculator 2) What is the remaining balance on a 30-year, $350,000 mortgage after 80
PLZ show the steps to do on the HP 10BII financial calculator
2) What is the remaining balance on a 30-year, $350,000 mortgage after 80 months? Assume monthly payments and a nominal rate (monthly compounding) of 6.40%.?
$317,918 or $312,398 or $343,671 or $290,275 or $293,927
4) What is the present value of a perpetuity that pays you annual, end-of-year payments of $550? Use an interest rate of 7.50%. $7,784 or $7,333
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