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Tomas the DankAsnwer
Answers (2)
I'm dumb as @#%& and typed the PV in wrong. It's supposed to be: $348,058.92 Sorry....
I'm going to use the BAII Plus calculator for my answer. So hopefully it makes sense. PMT = 68,000 I/Y = 8.5 N = 7 Compute the PV to get = $340,058.92 As a note, the number will come out negative in the calculator. That's fine, it's just considering this