1. Diane recently purchased a new home. She financed $200,000 at 3.75 percent over 30...
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Finance
1. Diane recently purchased a new home. She financed $200,000 at 3.75 percent over 30 years.
*** Please use TI-84 calculator steps to explain
a, How much is Dianes monthly payment?
b. How much interest will she pay over years 10 through 20 of the loan?
c. How much principal will she pay over the first 5 years of the loan?
d. What is the loan balance after 25 years?
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