Question: I need quick help, I will give like. 4. A purchase agreement for a $22,000 truck requires 60 equal monthly payments, what is the size

I need quick help, I will give like. 4. A purchase

I need quick help, I will give like.

4. A purchase agreement for a $22,000 truck requires 60 equal monthly payments, what is the size of each payment if interest is 9% compounded monthly? SIMPLE (same payment and compound) ORDINARY FV = PMT [(+)-1] Payment at End of Period PV = PMT [1-(+)]

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