Use your TVM Solver on your graphing calculator to solve the…

Use your TVM Solver on your graphing calculator to solve the problem below: Jack has just graduated from Texas A&M and taken a job making a very nice salary!  The job is in California and although he did not realize how expensive homes were there he has found a house he really likes.  It is listed at $2,750,000 and his family has gifted him 15% for the down payment.  He secures a loan for the rest at 6.49% interest.  He will make monthly payment for the next 30 years.  Using your information you found in the previous problem, determine Jack’s monthly payments.