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Mathematics, 16.10.2020 04:01 lamondrairving

1. consider the monthly payment formula M = Pr(1 + r)^n/ (1 + r)^n - 7. what is the name of the formula you get if you solved for P? 2. what about if you solve for n? what special function do you need to use when solving for n?

3. does the monthly payment formula take compound interest into account?

(every question is on picture! PLS HELP)


1. consider the monthly payment formula M = Pr(1 + r)^n/ (1 + r)^n - 7. what is the name of the for

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