An LCD televisition set is purchased with a down payment of $30,000 and $4,624.50 at the end of each month for 2 years to discharge all principal interest at 15% compouned monthly. Find the cash value of the television set.

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A: The down payment is = Price of Home × percentage of down payment = $( 220,000 × 20%)…

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A: Here,  Pmt=15,000r=7.3%n=4t=10

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Q: The house you find that would accommodate your growing family costs $295,000. You obtain a 30-year…

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A: As per guidelines we can solve first question only when multiple questions are posted. Please repost…