Posted by Rudy on Friday, August 20, 2010 at 1:18pm.
P(1.09)^18=100 000
P=100 000/4.72
paym(1.09^18 - 1).09 = 100 000
paym( 41.301338)
annual investment = 100 000/41.301338) = 2412.23
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