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Find the periodic payment required to amortize a loan of dollars over t yr with interest charged at the rate of %/year compounded m times

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Find the periodic payment required to amortize a loan of dollars over t yr with interest charged at the rate of %/year compounded m times a year. (Round your answer to the nearest cent.) P - 60,000, r = 2, t = 18, m = 6 X Need Help? $ Read Submit Answer 2. (0/0.07 Points) DETAILS PREVIOUS ANSWERS TANAPMATH5 4.3.008. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Find the periodic payment R required to amortize a loan of P dollars over tyr with interest charged at the rate of %/year compounded m times a year. (Round your answer to the nearest cent.) P = 130,000,= 9,5, t = 20, m = 4

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