Suppose that the following group of values has been entered into the TVM Solver of a graphing calculator: N=300; I%=7.7; PV=105000; PMT=–789.65160; FV=0; P/Y=12; C/Y=12; PMT:END. Which of the follow

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Suppose that the following group of values has been entered into the TVM Solver of a graphing calculator: N=300; I%=7.7; PV=105000; PMT=–789.65160; FV=0; P/Y=12; C/Y=12; PMT:END. Which of the following uses of the “bal(” function will give the balance on the loan in question after 11 years?

A. bal(14)

B. bal(132)

C. bal(11)

D. bal(168)

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