Question: PLEASE SHOW HOW TO ANSWER USING TVM SOLVER ON TI Calculator 5. A couple bought a house for $200,000 three years ago with 20% down

PLEASE SHOW HOW TO ANSWER USING TVM SOLVER ON TI Calculator

5. A couple bought a house for $200,000 three years ago with 20% down and a 15 year mortgage with an interest rate of 4% a year. What were the monthly payments? Today the couple is refinancing the house with a 12 year loan and an annual rate of 3.4% a year. How much is owed on the original loan after the three years? What will be their new monthly payments? 6. A couple invests $5,000 a year (end of year) in a retirement fund that earns 6.2% annually After 35 years, how much money will they have? After the 35 years, they start to withdraw $29,000 at the end of every year while earning 5% on their money. How much money will they have after 25 years? When will they run out of money? Explain

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