Question: correct answer is $944.39. how to work it out? PLAM (Term=30 years, Note Rate = 3.00, Loan Amount = 200,000, Points-5). If inflation is 12%

correct answer is $944.39. how to work it out?

PLAM (Term=30 years, Note Rate = 3.00, Loan Amount = 200,000, Points-5). If inflation is 12% over the next year, what will the next year's payment be Answers: $944.39 4.75%

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