Answer:
=70.429425
Step-by-step explanation:
17000(
0.051
12
)
1
−(1+
0.51
12
)−12(3)
=
(17000)(0.00425)
1
−(1+
0.51
12
)−12(3)
=
289
4
1
−(1+
0.51
12
)−12(3)
=
289
4
−(1+
0.51
12
)−12(3)
=
289
4
−(1+0.0425)−12(3)
=
289
4
−(1.0425−12)(3)
=
289
4
−(0.606858)(3)
=
289
4
−1.820575
=70.429425