document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=736940>Question 736940</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Use the Amortization Formula to compute<BR>\n" );
document.write( "	a monthly car payment if  L = $26,750 financed<BR>\n" );
document.write( "	over 48 months at 3.60% interest rate.\r<BR>\n" );
document.write( "\n" );
document.write( "	Payment = Loan (x  1 -                 1<BR>\n" );
document.write( "	                                         (1-(1+x)N)\r<BR>\n" );
document.write( "\n" );
document.write( "	Payment = L(x(1-1÷(1-(1+x)^N)))<BR>\n" );
document.write( "	Code for Symbols<BR>\n" );
document.write( "	r&#8801;annual interest in decimal format<BR>\n" );
document.write( "	y&#8801;number of payments to be made per year (integer)<BR>\n" );
document.write( "	N&#8801;total number of payments to be made (integer)<BR>\n" );
document.write( "	L&#8801;amount of Loan<BR>\n" );
document.write( "	x&#8801;r÷y<BR>\n" );
document.write( "	()&#8801;(parentheses)<BR>\n" );
document.write( "	^&#8801;exponent caret<BR>\n" );
document.write( " </SPAN>\n" );
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