Jayvon Flynn

Mathematics

30 July, 09:45

Which of these groups of values plugged into the TVM Solver of a graphing

calculator will return the amount of a 15-year loan with an APR of 15.6%,

compounded monthly, that is paid off with monthly payments of $230?

O

O

A. N=15; 1%=1.3; PV =; PMT=-230; FV=0; P/Y=12; C/Y=12; PMT:END

B. N=180; 1%=1.3; PV =; PMT=-230; FV=0; P/Y=12; C/Y=12;

PMT:END

O

C. N=180; 1%=15.6; PV =; PMT=-230; FV=0; P/Y=12; C/Y=12;

PMT:END

O

D. N=15; 1%=15.6; PV =; PMT=-230; FV=0; P/Y=12, C/Y=12;

PMT:END