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$1200[{[1 + (.07/12) ] 180 – 1} / (.07/12)] =

 Jan 26, 2015

Best Answer 

 #1
avatar+26396 
+5

$1200[{[1 + (.07/12) ] 180 – 1} / (.07/12)] = ?

Do you mean:

 r=712 % and after n=180 months, the sum s=$ 1200((1+r)n1r)  s=$ 1200((1+0.0712)18010.0712)=$ 1200(2.8489467308710.00583333333)  =$ 1200316.962296721=$ 380354.76 

 Jan 27, 2015
 #1
avatar+26396 
+5
Best Answer

$1200[{[1 + (.07/12) ] 180 – 1} / (.07/12)] = ?

Do you mean:

 r=712 % and after n=180 months, the sum s=$ 1200((1+r)n1r)  s=$ 1200((1+0.0712)18010.0712)=$ 1200(2.8489467308710.00583333333)  =$ 1200316.962296721=$ 380354.76 

heureka Jan 27, 2015

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