How do i solve this to find PMT? I know this may seem like a stupid question but i've been up late working on this math assignment and this question just isn't working when i transpose it.
So this is the formula to find Present Value (PV) and I'm rearranging it to find PMT.
$$PV = PMT  - \frac{1-(1 + i/k)^{-n} } {i/k}$$
PV = 429000
K = 12
N = 300
i = 5.11
Can someone link me to an annuity calculator!

$PV = PMT\times \left(\dfrac{1-\left(1+\dfrac{i}{k}\right)^{-n}}{\dfrac{i}{k}}\right)$
Your goal is to isolate $PMT$, so simply divide  :
$\dfrac{PV}{\left(\dfrac{1-\left(1+\dfrac{i}{k}\right)^{-n}}{\dfrac{i}{k}}\right)} = PMT$
Rearranging a bit you would get :
$\boxed{\dfrac{PV\times \dfrac{i}{k}}{1-\left(1+\dfrac{i}{k}\right)^{-n}} = PMT}$
Plugin the given values and evaluate !
