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April 19, 2015

April 19, 2015

Posted by **Urgen please help** on Thursday, June 14, 2012 at 4:21pm.

=

- ALGEBRA -
**Henry**, Saturday, June 16, 2012 at 11:45amP = Po(1+r)^n.

r = 19.75% / 100% = 0.1975 = APR exprssed as a decimal.

n = 1Comp/yr * 12yrs. = 12 Compounding

periods.

P = 540(1.1975)^12 = $4695.70

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