Answer
$PMT$, $P$, $n$, $t$, $r$
Work Step by Step
$PMT$ is the regular payment amount required to repay a loan of $P$ dollars paid $n$ times per year over $t$ years at an annual interest rate of $r$.
Thinking Mathematically (6th Edition)
by Blitzer, Robert F.
Published by
Pearson
ISBN 10:
0321867327
ISBN 13:
978-0-32186-732-2
Chapter 8 - Personal Finance - 8.6 Cars - Concept and Vocabulary Check - Page 546: 1
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