Determine the Monthly Payment of a Payout Annuity (Formula)

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This video explains how to determine the present value of a payout annuity using the TI-84 TVM Solver.
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Wait but how are you able to divide through with PMT still on top? Wouldn't you have to multiply both side instead? Then divide both sides by (1-(1+(0.04/12)^-12*20))?

rottenraz
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how would you rewrite the formula for withdraw first, then gain interest

kyleconley
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2272.43 for 240 months leads to excess payment.. Am I right?

rajadesinghjothi
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How would you solve it if you were given the monthly payment amount and not the interest amount?

cullonwhite