Question 1200937
555.10 needs to be paid at the end of each month.
interest rate is 6/12 = .5% per month.
number of months is 10 years * 12 = 120.
payment is made at the end of each momth.
present value is positive because it's money you received.
payment is negative because it's money you paid out.
here are the resutls from using the calculator at <a href = "https://arachnoid.com/finance/" target = "_bank">https://arachnoid.com/finance/</a>


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