# Solve for t pmt=(306680(7.1/12))/(1-(1+7.1/12)^(-12*17)) Simplify.
Cancel the common factor of .
Factor out of .
Factor out of .
Cancel the common factor.
Rewrite the expression.
Combine and .
Multiply by .
Cancel the common factor of and .
Rewrite as .
Cancel the common factors.
Rewrite as .
Cancel the common factor.
Rewrite the expression.
Multiply by .
Divide by .
Rewrite the expression using the negative exponent rule .
Multiply the numerator by the reciprocal of the denominator.
Multiply and .
Divide each term by and simplify.
Divide each term in by .
Simplify .
Cancel the common factor of .
Cancel the common factor.
Rewrite the expression.
Cancel the common factor of .
Cancel the common factor.
Divide by .
Simplify .
Multiply the numerator by the reciprocal of the denominator.
Multiply and .
Reorder factors in .
Solve for t pmt=(306680(7.1/12))/(1-(1+7.1/12)^(-12*17))

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