17-6 Miscellaneous Programs and EquationsPart 2. What interest rate would reduce the monthly payment by $10?Part 3. Using the calculated interest rate (6.75%), assume that you sell the carafter 2 years. What balance will you still owe? In other words, what is the futurebalance in 2 years?Note that the interest rate, I, from part 2 is not zero, so you won't get a error when you calculate the new I.Keys:(In RPN mode)Display: Description: ¨ Displays the leftmost hart of the TVMequation.I Selects I; prompts for P. Rounds the payment to two decimalplaces. Calculates new payment. Stores –176.89 in P; prompts for N. Retains 36 in N; prompts for F. Retains 0 in F; prompts for B. Retains 5750 in B; calculatesmonthly interest rate. Calculates annual interest rate.Keys:(In RPN mode)Display: Description: ¨ Displays leftmost part of the TVMequation.F Selects F; prompts for P. Retains P; prompts for I.
