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PV and FV (Balloon payment) are given PMT? Mortgage amount: $250,000 9% (APR) with monthly compounding Equal monthly installment over 30 years Balloon payment: $100,000

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PV and FV (Balloon payment) are given PMT? Mortgage amount: $250,000 9% (APR) with monthly compounding Equal monthly installment over 30 years Balloon payment: $100,000 PV = -$250,000 FV = $100,000 N= 30 x 12 = 360 I/YR = 9%/12 PMT = ? O

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