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4. Janos Patikos is buying a new house. The purchase price of the house is $650,000 and Janos is making a down payment in cas

please solve in the following format, if applicable:

FV (future value) =
PV (present value) =
PMTvend (end payment) =
I/YR (interest rate) =
N (periods) =

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Answer #1

А B 1 Purchase price Given 650,000 2 Less: downpayment 15% of above 97,500 3 Loan taken 552,500 4 Present value Same as loan

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