I=610
R=9.1%
T=9 years, 6 months
P=???
P=I/RT
610/(0.091)(9.6)
P= 698.26 ???
R=9.1%
T=9 years, 6 months
P=???
P=I/RT
610/(0.091)(9.6)
P= 698.26 ???
-
P=I/ RT
= 610/ (.091 * 9.5) ..9.5 because 6 months = 1/2 a year
= 705.61
= 610/ (.091 * 9.5) ..9.5 because 6 months = 1/2 a year
= 705.61