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Show all work and any financial calculator functions used. |Jim borrows 10,000 from a bank in order to purchase a car. The account representative who

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Show all work and any financial calculator functions used.
|Jim borrows 10,000 from a bank in order to purchase a car. The account representative who handles Jim's loan application determines that Jim can only afford monthly payment of $350. The nominal interest rate convertible monthly on Jim's loan is 6%. If the bank representative arranges the loan so that there are N end-of-month payments of $350, followed by a balloon payment. Find the balloon payment. a.) 272.08 b.) 283.13 c.) 665.99 d.) 699.29

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