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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

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 = 80,000, r = 2.5, t = 17, m = 12

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