shift PY = 12 00 Alexandra has a mortgage of $730,000 through the RSC for a vacation property. The mortgage is repaid by

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Shift Py 12 00 Alexandra Has A Mortgage Of 730 000 Through The Rsc For A Vacation Property The Mortgage Is Repaid By 1 (38 KiB) Viewed 14 times

shift PY = 12 00 Alexandra has a mortgage of $730,000 through the RSC for a vacation property. The mortgage is repaid by end of month payments with an interest rate of 4.9% compounded monthly for a term of 4 years, amortized over 15 years. At the end of the 4-year term, Alexandra will renew the mortgage for another 4-year term at a new, lower interest rate of 4.5% compounded monthly Round ALL answers to two decimal places if necessary 1) What are the end of month payments before the renewal of the mortgage? C/Y = 12 VY= 49 PIN caps lock What is the balance when the mortgage is renewed? VY 45 e 3 $ 1 35 What will be the new end of month payments after the mortgage is renewed? PIY = 12 C/= 12 Q % PVS 730000 A L PMT=-573484 jenter the rounded value into the calculator) Ⓡ 2 N P2 PV=1 PUT=S W S a we X E ge control option command www te #n DU D N=4 FV=50 BAL-S Enter a positive value. No FV=56 20 R K 5 F T CV <10 A 6 Che G Y & B H A U