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Mathematics 17 Online
OpenStudy (anonymous):

find the periodic payment(R) required to amortize a loan of $60,000 over 25 years with a yearly interest of 12% compounded monthly. The formula for it is R=Pi/1-(1+i)^n-1

OpenStudy (anonymous):

is anyone gonna help me ? find the periodic payment(R) required to amortize a loan of $60,000 over 25 years with a yearly interest of 12% compounded monthly. The formula for it is R=Pi/1-(1+i)-n

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