Find the payment amount p needed to amortize the given loan amount. Assume that a payment is made in each of the n compounding periods per year. P = $75,000; r = 9%; t = 14 yr, compounded annually What is the correct formula for this situation? A n - p(1. :-)* _ "[( + -)*-1] Click to select your answer(s). OB. OR P(1.4)".. (.:)". [(**) *-*) nt OD. A=P(1+1) n Find the annual payment. p=$(Round to the nearest cent as needed.)