Theresa and Raul purchased a home for $260,000. They made a down payment of 20% of the purchase price and secured a 30-year conventional home mortgage at 4.1% per year compounded monthly on the unpaid balance. Part 1 of 3 (a.) What is their monthly payment? Use a TVM solver to solve this problem. Fill in the information that you typed into the TVM solver. Round the final answer to two decimal places.. N = ---Select--- 1%= PV = --Select--- ---Select--- ---Select-- FV = P/Y = C/Y= ---Select-- 0 ---Select--- PMT= --Select-- B PMT: (End/Begin) ---Select--- B Submit Final Answer: $ Submit Answer Show the answer (no points earned) and move to the next step

Theresa and Rasl purchased a nome for 3260,000 . They made a down payment of 20% of the purchase price and secured a 30year conventional home mortgage at 4.1% per year compounded monthly on the unpaid balance. ats of 3 (a.) What is their monthly payment? Use a TVM solver to solve this probiem, Fis in the information that you typed into the TVM solver. Round the final answer to two decimal places. Final Answer: 5