hey guys I need help with a part of a problem where I have to use pow functions to find a car payment.
I understand the basic concept of pow(3,3) = 3^3 = 27.
The problem I have is when the base has a partial fraction mixed with an integer.
p= mortgage
n= number of years
r= rate
m = loan ammount
The formula is: p = m * (1 + r/12)^(12 * n)