20shearcorr
20shearcorr
02.12.2021 • 
Mathematics

Which of these groups of values plugged into the TVM Solver of a graphing calculator will return the amount of a 20-year loan with an APR of 19.2%,
compounded monthly, that is paid off with monthly payments of $510?
A. N=240; 1%=19.2; PV = ; PMT=-510; FV=0; P/Y=12; C/Y=12;
PMT:END
B. N=240; 1%=1.6; PV = ; PMT=-510; FV=0; P/Y=12; C/Y=12;
PMT:END
C. N=20; 1%=19.2; PV = ; PMT=-510; FV=0; P/Y=12; C/Y=12;
PMT:END
D. N=20; 1%=1.6; PV = ; PMT=-510; FV=0; P/Y=12; C/Y=12: PMT:END

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