Tap for more steps. I Pr T A P1 Rt A P1 Rnnt A PMT 1 Rnnt - 1rn P1 Rnnt PMT1 Rnnt - 1rn U P1 RnnT - PMT1 RnnT - 1rn Miss Crystal Palace Just Purchased - You Guessed It - A Crystal Palace For 650000. Cancel the common factor of.
N is the number of compounding periods per year.
Monthly Payment 1 rnnt - 1 rn r annual interest rate n number of compounds per period usually in months t time the money is invested usually in years. Cancel the common factor of. Tap for more steps. Solve for p Ap1rnnt Rewrite the equation as.