Finite Mathematics

hwilliams

New member
Joined
Nov 15, 2005
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3
do anyone know how to do the monthly mortgage payment formula?

PMT=175500 * 0.075/12 / 1-(1+0.075/12)-12(15)=1627

this math problem came from my math book titled"Thinking Mathematically" by Bitzer 3rd Edition Sec. 8.6 Ex.2 Page 441

I'm not sure if i have all the signs right.I have no clue where to begin

PLEASE HELP ME :)
 
It looks like you're supposed to simplify and find the value. (Your formatting is confusing, so I will not hazard a guess as to the desired answer.)

What are the instructions?

Eliz.
 
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