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Use a calculator to evaluate the amortization formula m 1-(1+4)*** for the values of the variables p, r, and t (respectively). Assume n = 12.

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Use a calculator to evaluate the amortization formula m 1-(1+4)*** for the values of the variables p, r, and t (respectively). Assume n = 12. (Round your answer to the nearest cent.) $14,000; 4%; 6 yr $

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