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Facts PV: $903,225 Payment: $30,000 Annual Interest Rate: 9% I/Y: 9% n: (Number of years) 3 N: (Number of compounding periods) 36 Compounded (Y): Monthly
Facts PV: $903,225 Payment: $30,000 Annual Interest Rate: 9% I/Y: 9% n: (Number of years) 3 N: (Number of compounding periods) 36 Compounded (Y): Monthly Table Method Factor PV / PMT = 903225 / 30000 30.1075 Interest Rate: = per period Annual Interest Rate: = per year
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