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USING TVM SOLVER IN CALCULATOR ONLY (TI 83-84) plz show me how to do it in the calculator (TVM) Sarah secured a bank loan of
USING TVM SOLVER IN CALCULATOR ONLY (TI 83-84)
plz show me how to do it in the calculator (TVM)
Sarah secured a bank loan of $175,000 for the purchase of a house. The mortgage is to be amortized through monthly payments for a term of 15 years, with an interest rate of 3%/ year compounded monthly on the unpaid balance. She plans to sell her house in 5 years. How much will Sarah still owe on her house at that time? (Round your answer to the nearest cent.) 111849.54Step by Step Solution
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