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olga55 [171]
3 years ago
11

Is this answer correct?

Mathematics
1 answer:
slavikrds [6]3 years ago
4 0
NO. Sine is opposite/hypotenuse, so the answer should be 24/25
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Answer: The monthly payments for a $5,000 loan would $146.51.

Step-by-step explanation: How it looks in the TVM Solver formula:

N = 36 ( 3 (years) x 12 (monthly payments) )

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PV = $5,000

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C/Y = (12 (months)

PMT: <u>END</u> | BEGIN

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