Find the periodic payment R required to amortize a loan
of P dollars over t years with interest charged
at the rate of r%/year compounded m times a year.
(Round your answer to the nearest cent.)
a. P = 50,000, r = 4, t = 15,
m = 4
b. P = 90,000, r = 3.5,
t = 17, m = 12'
c. P = 120,000, r = 5.5,
t = 29, m = 4