Calculator Problem – 03/23/2015

What would be the payment on the bank portion of the loan? (See problem 02/23/2015)

(The answer will be posted with the new calculator problem in 2 weeks. Or if you can’t wait that long, you can go to https://www.facebook.com/garyjohnstonseminars for the answer.)

Answer for 03/09/2015:

(N=480,I=1.5,PV=300,000, FV=0) PMT= -831.52