Use a calculator to evaluate the amortization formula for the values of the variables P = $9,000, r = 8%, n = 12, and t = 27 years.

Please round the answer to the nearest cent.

$ __________

Question

Use a calculator to evaluate the amortization formula for the values of the variables ​P​ = $9,000, ​r​ = 8%, ​n​ = 12, and ​t​ = 27 years.
​  ​
Please round the answer to the nearest cent.
​
$ __________

Quizplus · Accepted Answer

The Answer of Use a calculator to evaluate the amortization formula for the values of the variables ​P​ = $9,000, ​r​ = 8%, ​n​ = 12, and ​t​ = 27 years.
​  ​
Please round the answer to the nearest cent.
​
$ __________

Use a Calculator to Evaluate the Amortization Formula for the Values