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OpenStudy (anonymous):
I'm having problems finishing this problem: PMT= FV i _________ (1+i)n-1 PMT= 121,000 0.045 _________ (1.0045)204-1 PMT= 121,000 0.0045 _________ (1.0045)203 PMT=???
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OpenStudy (lgbasallote):
you made a slight mistake... PMT= 121,000 0.045 _________ (1.0045)204-1 multiply (1.0045) to 204 first
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