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3, Find the periodic payment R required to amortize a loan of P dollars over t years with interest charged at the rate of r

3, Find the periodic payment R required to amortize a loan of P dollars over t years with interest charged at the rate of r%/year compounded m times a year. (Round your answer to the nearest cent.)

P = 50,000, r = 5.5, t = 18, m = 12

4,

Find the periodic payment R required to accumulate a sum of S dollars over t years with interest earned at the rate of r%/year compounded m times a year. (Round your answer to the nearest cent.)

S = 50,000, r = 4, t = 8, m = 2

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