Question: A 1 0 - year fixed - rate balloon mortgage loan is made for $ 3 5 0 , 0 0 0 at 7 %

A 10-year fixed-rate balloon mortgage loan is made for $350,000 at 7% interest rate.
a. If the balloon payment is $200,000, what is the monthly payment?
b. If the monthly payment is to decrease by $500, how much should the balloon payment
increase? I need financial calculator keystrokes please

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