Question: please explain how to do on a financial calculator. thank you vect Question 7 0/1 pts A bank just issued a $50,000 constant amortization mortgage

 please explain how to do on a financial calculator. thank you
please explain how to do on a financial calculator. thank you

vect Question 7 0/1 pts A bank just issued a $50,000 constant amortization mortgage (CAM) at 10% for 25 years. Assuming the loan requires annual payment to be fully amortized in 25 years, what is the first year loan payment? 2.000 3.000 5.000 7.000

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