Question: Substitute the known variables and solve for the unknown variable. N7 1 - CY PVORD = PMT (1 + i) PY CY (1 + i)

Substitute the known variables and solve for the unknown variable. N7 1 - CY PVORD = PMT (1 + i) PY CY (1 + i) PY - 1 where PMT = 400, i = 0.05, CY = PY, and N = 21. Round your answer to two decimal places

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