Question 1127921
{{{R=40.00}}}
{{{i=3.8}}}%
{{{n=36}}}

Final value after {{{n}}} payments:


{{{A = R(((1 + i)^n - 1) / i)}}}

{{{A = 40(((1 + 0.038)^36 - 1) / 0.038)}}}

{{{A = 40(((1.038)^36 - 1) / 0.038)}}}

{{{A = 40((3.82917 - 1) / 0.038)}}}

{{{A = 40(2.82917 / 0.038)}}}

{{{A = 2978.07}}}