So the initial amount of the loan is then subtracted from the resulting value. Say you start with 1000 and a 10 interest rate. Pay the same amount of interest every year.
The loan term is 3 years 36 months so n 36.
PV FV1r n. General annuity- when the interest compounding period does NOT equal the payment period CY PY. The loan term is 3 years 36 months so n 36. PV FV1r n.