Find the periodic payment R required to amortize a loan of P dollars over t years with interest earned at the rate of r %/year compounded m times a year. Please round the answer to the nearest cent.

R = $__________

Question

Find the periodic payment R required to amortize a loan of P dollars over t years with interest earned at the rate of r %/year compounded m times a year. Please round the answer to the nearest cent.
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R = $__________

Quizplus · Accepted Answer

The Answer of Find the periodic payment R required to amortize a loan of P dollars over t years with interest earned at the rate of r %/year compounded m times a year. Please round the answer to the nearest cent.
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R = $__________

Find the Periodic Payment R Required to Amortize a Loan