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Help 9

 Oct 15, 2018
 #1
avatar+98130 
+1

P = 400

r = .075/12

n = 6 * 12  = 72

 

So we have

 

400  [ (1 + .075/12)^72  - 1 ]  / [ (.075/12) ( 1 + .075/12)^72 ]   ≈ $23,134.61 

 

 

cool cool cool

 Oct 15, 2018

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