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Could you help me solving this problem, I solved the first part but I'm missing the second (Balloon Payment):

Olivia plans to secure a 5-year balloon mortgage of $250,000 toward the purchase of a condominium. Her monthly payment for th

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Answer #1

1
=PMT(4%/12,12*30,-250000)=1193.53823866365

2
=FV(4%/12,12*5,PMT(4%/12,12*30,-250000),-250000)=226118.782840227

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