Find the required monthly payment to accumulate 2,000 in 1 year and five months at an APR of 4.34 % compounded montly for an annuity. The formula is A= Pmt +((1+r/n) power to the nt and -1. Then...

Find the required monthly payment to accumulate 2,000 in 1 year and five months at an APR of 4.34 % compounded montly for an annuity.

The formula is A= Pmt +((1+r/n) power to the nt and -1. Then underneath is a dividing line and (r/n) is underneath that line.