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Formula
Formula
PV = L+A+B
r = R/12
P=(RR+T)/12(L+A+B)/(1-(1+((RR+T)/12)^-n)
P = Payment
PV= Present Value
RR= Annual rate
r=rate per period
n = Number of Periods
T 2%
R 14%
n 36
L 5,000
A 250
B 250