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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
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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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