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17000(.051/12)/1-(1+(.51/12))^-12(3)
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3 votes
17000(.051/12)/1-(1+(.51/12))^-12(3)

User Mykhailo Seniutovych
by
4.3k points

1 Answer

4 votes

Answer:

=70.429425

Explanation:

17000(

0.051

12

)

1

−(1+

0.51

12

)−12(3)

=

(17000)(0.00425)

1

−(1+

0.51

12

)−12(3)

=

289

4

1

−(1+

0.51

12

)−12(3)

=

289

4

−(1+

0.51

12

)−12(3)

=

289

4

−(1+0.0425)−12(3)

=

289

4

−(1.0425−12)(3)

=

289

4

−(0.606858)(3)

=

289

4

−1.820575

=70.429425

User Gianni Carlo
by
4.3k points
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