document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=733075>Question 733075</A>: <I><SPAN STYLE=\"word-break: break-all;\"> To finance their new home, the Johnson's have agreed to a $200,000 mortgage loan at 6.25% APR.  Their monthly payments are $1200.  How much time will it take to pay off the loan? How much interest will they pay?  This is the formula I have:<BR>\n" );
document.write( "PV = R(1/(1+i)^-n)/i </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #448252 by </B><A HREF=/tutors/aboutme.mpl?userid=lynnlo><B>lynnlo(4176)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=lynnlo><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=448252\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\">  </SPAN>\n" );
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