Question: $ 1 9 0 , 0 0 0 i s financed for 3 0 years a t 4 % APR Formulas Regular Payment for Fixed

$190,000is financed for 30 years at4% APR
Formulas
Regular Payment for Fixed
Installment Loans
Number of Fixed Payments
Required to Pay Off Credit Card
Debt
PMT=(P*rn)[1-(1+rn)-nt]
R=-log[1-rn(APMT)]log(1+rn)
$190,000is financed for 30 years at4% APR Formulas Regular Payment for

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