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Which of these groups of values plugged into the TVM Solver of a graphing calculator will give the monthly payment for a 30-year loan
Which of these groups of values plugged into the TVM Solver of a graphing calculator will give the monthly payment for a 30-year loan for $265,000 at 5.9% interest, compounded monthly? A. N=30; 1% = 5.9; PV=-265000; PMT=; FV=0; P/Y=12; C/Y=12; PMT:END OB. N=30; 1% = 5.9; PV=0; PMT=; FV=-265000; P/Y=12; C/Y=12; PMT:END C. N=360; 1% = 5.9; PV=0; PMT=; FV=-265000; P/Y=2; C/Y=12; PMT:END D. N=360; 1% = 5.9; PV=-265000; PMT=; FV=0; P/Y=12; C/Y=12; PMT END
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