Question 714644
using calculator http://www.vertex42.com/ExcelArticles/amortization-calculation.html, answer is: ${{{ 17891.55}}}


using formula:


{{{A=P(r(1+r)^n/((1+r)^n-1))}}} 

where 
    {{{A}}} => payment Amount per period
    {{{P=150 000}}}=> initial Principal (loan amount)
    {{{r=0.06 }}}= >interest rate per period
    {{{n =12}}}=> total number of payments or periods

we have

{{{A=150000(0.06(1+0.06)^12/((1+0.06)^12-1))}}}


{{{A=150000(0.06(1.06)^12/((1.06)^12-1))}}}......{{{(1.06)^12=2.012196471835550329409536}}}


{{{A=150000(0.06*2.012196471835550329409536/(2.012196471835550329409536-1))}}}


{{{A=150000(0.12073178831013301976457216/1.012196471835550329409536)}}}


{{{A=150000(0.119277)}}}


{{{A=17891.55}}}