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Use a calculator to evaluate the amortization formula m=1(1+nr)ntP(nr) for the values of the variables P,r, and t (respectively). Assume n=12. (Round your answer to
Use a calculator to evaluate the amortization formula m=1(1+nr)ntP(nr) for the values of the variables P,r, and t (respectively). Assume n=12. (Round your answer to the nearest cent. $150,000;4%;30yr
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