Question 1141890
Total = {{{(PMT*(((1 + r/n)^(nt)-1)/(r/n)))}}}
<pr>
PMT = 80; r = 0.048; n = 12; t = 4
<pr>
Total = {{{(80*(((1 + 0.048/12)^(12*4)-1)/(0.048/12)))}}} = $4224.13