Find the unpaid balance on the debt determine the payment


1. Find the unpaid balance on the debt. (Round your answer to the nearest cent.) After 7 years of monthly payments on $180,000 at 3% for 25 years.

2. Determine the payment to amortize the debt. (Round your answer to the nearest cent.) Monthly payments on $170,000 at 4% for 25 years.

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Financial Management: Find the unpaid balance on the debt determine the payment
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