Question: A bank makes a 3 0 year Fully Amortizing FRM for $ 1 , 5 0 0 , 0 0 0 at an annual interest

A bank makes a 30 year Fully Amortizing FRM for $1,500,000 at an annual interest rate of 5% compounded monthly, with monthly payments. Suppose inflation is 2% per year, compounded monthly. What is the real value of the 120th payment? show how to do using a financial calculator, specifically a BA II Plus please!!
A bank makes a 3 0 year Fully Amortizing FRM for

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