Asked by Anonymous

Give an example of a situation in which you might want to solve the savings plan formula to find the​ payments, PMT, required to achieve some goal.
Answered by Candy
By any chance could you tell us what your answer is and then we can check it and fix it for you? At least just so that we know that you are trying?
Answered by Bill
A banker and there’s 3000 and a mutual fun and wants to calculate the monthly payments in order to earn 8400 of after four years
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