SOLUTION: What is the minimum monthly payment that will work toward paying off the debt? Hint: Find the value of M that makes log(1 - Pr/Mn) be equal to log(0).
FORMULA: log(1-Pr/Mn)=log
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-> SOLUTION: What is the minimum monthly payment that will work toward paying off the debt? Hint: Find the value of M that makes log(1 - Pr/Mn) be equal to log(0).
FORMULA: log(1-Pr/Mn)=log
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Question 335577: What is the minimum monthly payment that will work toward paying off the debt? Hint: Find the value of M that makes log(1 - Pr/Mn) be equal to log(0).
FORMULA: log(1-Pr/Mn)=log(0) Answer by jsmallt9(3758) (Show Source):
You can put this solution on YOUR website! log(0) does not exist. So there is something wrong with your problem. Please post a corrected version of your problem.