Math Problem Statement
Berapa jawabannya
Solution
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Math Problem Analysis
Mathematical Concepts
Loan Amortization
Annuities
Interest Rate Calculations
Formulas
Monthly Payment Formula for Annuity: PMT = P * (r(1 + r)^n) / ((1 + r)^n - 1)
Remaining Balance Formula: B = P * (1 + r)^n - PMT * [(1 + r)^n - 1] / r
Theorems
Compound Interest Theorem
Suitable Grade Level
College Level
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