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I dont get how they got the yellow

label Algebra
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$29,931=(PMT)(1-[1/(1.02)48])
                                        .02
$29,931=(PMT)(1-[1/2.574923943483174])
                                                 .02

how did they get the yellow

Oct 19th, 2017

$29,931=(PMT)(1-[1/(1.02)48])
  .02
$29,931=(PMT)(1-[1/2.574923943483174])
 .02

that 48 is an exponent 1.02 ^ 48


I hope this helps


Jan 4th, 2015

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Oct 19th, 2017
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Oct 19th, 2017
Oct 19th, 2017
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