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Use the TV primer formula to find the PV of the remaining payments using excel formulas please 5. What is the payment in month 336

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Use the TV primer formula to find the PV of the remaining payments

using excel formulas please

5. What is the payment in month 336 on a 30-year loan for $925,000 at 4.85% that requires interest only payments for the first eight years and fully amortizing payments for the remaining years of the loan? $ Answer Loan Amount Periods Per Year Interest Rate Payment in First Five Years Total Amortization Years 925,000.00 300 0.404% 5. What is the payment in month 336 on a 30-year loan for $925,000 at 4.85% that requires interest only payments for the first eight years and fully amortizing payments for the remaining years of the loan? $ Answer Loan Amount Periods Per Year Interest Rate Payment in First Five Years Total Amortization Years 925,000.00 300 0.404%

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