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b) Show, using Finance Solver function on your calculator that Trent and Natalie's monthly payment...

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Accounting

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b) Show, using Finance Solver function on your calculator that Trent and Natalie's monthly payment will be $2699.98, correct to nearest cent. Write the values used in the Finance Solver in the table below. Write the full amount shown in your finance solver for the payment and then round to the nearest cent. 1(%) Pmt PV N FV PpY, CpY 240 6.575 360 000-2699.93 0 12 Full unrounded amount shown in finance solver is: 2699.982573293 2700.00 Final answer: The bank has decided to make the monthly payment $2700.00 c) Calculate the balance of Trent and Natalie's loans after five years, if the monthly payment are $2700.00. Give your final answer correct to the nearest cent. Write the values used in the Finance Solver in the table below. N PV FV I(%) 6.575 PpY, CpY Pmt -2700.0 60 Full unrounded amount shown in finance solver is: Final

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