Question
How could I write this equation in java : where PMT = monthly payments , i=monthly interest rate as a decimal(interest rate per year divded
How could I write this equation in java :
where PMT = monthly payments , i=monthly interest rate as a decimal(interest rate per year divded by 100 divded by 12) and PV = mortgage amount and n is the number of months .and and example could be : $300,000 mortgage , 30 years , at 3.75%
PMT = (i * PV)/(1- (1 +i)")
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Database Processing
Authors: David J. Auer David M. Kroenke
13th Edition
B01366W6DS, 978-0133058352
