Question: Thankyouuuu please show complete solution, DO NOT WRITE, answer must be ENCODED using keyboard thankyouuuu A bank loans a family $90,000 at 2 points 4.5%

Thankyouuuu please show complete solution, DO NOT WRITE, answer must be ENCODED using keyboard thankyouuuu

Thankyouuuu please show complete solution, DO NOT WRITE, answer must be ENCODED

A bank loans a family $90,000 at 2 points 4.5% annual interest rate to purchase a house. The family agrees to pay the loan off by making monthly payments over a 15 year period. How much should the monthly payment be in order to pay off the debt in 15 years? * O Future Value annuity O Present Value annuity A bank loans a family $90,000 at 2 points 4.5% annual interest rate to purchase a house. The family agrees to pay the loan off by making monthly payments over a 15 year period. How much should the monthly payment be in order to pay off the debt in 15 years? * O $588.49 O $688.49 O $788.49 O $888.49

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