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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

Find the periodic paymentRrequired to amortize a loan ofPdollars overtyears with interest charged at the rate ofr%/year compoundedmtimes a year. (Round your answer to the nearest cent.)P=40,000,r=5,t=17,m=2

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