Question: Use a calculator to evaluate the amortization formula P 1 1 1 n m for the values of the variables P r and t respectively

Use a calculator to evaluate the amortization formula P 1 1

Use a calculator to evaluate the amortization formula P 1 1 1 n m for the values of the variables P r and t respectively Assume n 12 Round your answer to the nearest cent 14 000 5 5 yr Enter a number

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