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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=30,000,r=3,t=20,m=4
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