Question

ok, i have this......Its a PMT question. I'm having trouble with the negative exponent.
85600(.065/12)
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1-1(.065/12)^-360

Answer 1

(85600 (.065/12))/(1 - 1 (.065/12)^-360)=\[-6.453059797871034*10^{-814} \]

Answer 2

not going to work. This is a problem for a monthly payment

Answer 3

don't just want the answer, need to know how it is done.

Answer 4

It is almost 0:44 California time. Will look at it tomorrow.
Have to break off now. Bye.