Unformatted text preview: during the 2 years. How much will she have to pay each month, if the loan is to be fully paid off by the end of the 2 years? PV = $200,000*.8 = $160,000 N = 24 I/Y = 8/12 = 0.6667 CPT PMT = 7,236.37 => $7,236.67...
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 Spring '07
 Selvili
 Finance, Debt, Interest, Interest Rate, $160,000, equal monthly installments, Martha Stewannabe, $7,236.67

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