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Use the formula: PMT= (PV) 1-(1+i)*

Use the formula: PMT= (PV) 1-(1+i)*

Algebra: Structure And Method, Book 1
Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter7: Applying Fractions
Section7.8: Work Problems
Problem 2OE
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PV = 831,111.59

i = 3/100

n = 20

Use the formula: PMT= (PV) 1-(1+1)"
Transcribed Image Text:Use the formula: PMT= (PV) 1-(1+1)"
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