r=712% and after n=180 months, the sum s=$1200∗((1+r)n−1r)s=$1200∗((1+0.0712)180−10.0712)=$1200∗(2.84894673087−10.00583333333)=$1200∗316.962296721=$380354.76
r=712% and after n=180 months, the sum s=$1200∗((1+r)n−1r)s=$1200∗((1+0.0712)180−10.0712)=$1200∗(2.84894673087−10.00583333333)=$1200∗316.962296721=$380354.76