# math

posted by
**christine foree** on
.

evaluate the amortization formula m= p(r/n)/1-(1+r/n)^nt for the variables p,r, and t (respectively). Assume n=12 (Round your answer to nearest cent.) $150,000;6%;15 yr

posted by
**christine foree** on
.

evaluate the amortization formula m= p(r/n)/1-(1+r/n)^nt for the variables p,r, and t (respectively). Assume n=12 (Round your answer to nearest cent.) $150,000;6%;15 yr