Question 1175526
Po=a(1-(1+(r/t)^(-nt)/(r/t)
r/k=.09/12=0.0075
Po=300000
therefore,
2250=a(1-(1+(r/t)^(-nt), nt=25*12=300
1-(1.0075)^-300=0.8937, don't round until the end
2250/.8937=a=$2517.59