I thought the principle formula is PMT*v^(n-t+1).
Now on this post http://ift.tt/1AJD0da
It says Pt = (Fr - Ci) * v^(n-t+1).
Why is it different?
Now on this post http://ift.tt/1AJD0da
It says Pt = (Fr - Ci) * v^(n-t+1).
Why is it different?
Two different principle formulas?
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