3 years ago

Trey is taking out a loan for 85000. Its a 20 year loan with an APR of 5.85. What will his monthly payment be

Mathematics

2 answers:

m_a_m_a [10]3 years ago

4 0

M=[(85000*(0.0585/12))(1+0.0585/12)^(12*20)] divided by [(1+0.0585/12)^(12*20))-1]=601.63
Hope it helps

Flauer [41]3 years ago

3 0

M=[(85000*(0.0585/12))(1+0.0585/12)^(12*20)] divided by [(1+0.0585/12)^(12*20))-1]=601.63
Hope it helps

You might be interested in

( 10 - 2n ) - ( 5n - 8)

stealth61 [152]

Answer:

− 7n+18

Step-by-step explanation:

(10- 2n)- (5n- 8)

− 2n+10-5n+8

-7n+18

4 0

3 years ago

Jerry has 25 weeks left to save $2,320 for a trip. If he saves an equal

Gwar [14]

Divide 25 by 2320 to get $92.80.

7 0

3 years ago

Read 2 more answers

What is the difference between 4 and 62<br> 2.

Naddik [55]

Answer:

6214

Step-by-step explanation:

you round up 62 and 4 20 times and that is your answer but for give me if this answer wrong

4 0

3 years ago

Add (a+b-3)+(b+2a-1)+(4-6b+2a)

igor_vitrenko [27]

5a-4b is the answer

7 0

3 years ago

Read 2 more answers

Consider the graph and equation, y = 3x, that represent Alonso’s walking speed. What relationship is represented by this equatio

natita [175]

Answer:

The equation, y=3 x,

Step-by-step explanation:

y=Distance traveled

x =Total time

Also, in terms of straight line

Slope =3= uniform Velocity

Point (3,9) and (5,15) represents Distance traveled in 3 (unit of time) =9 unit, and 15 unit=Distance traveled in 5 (Unit of time).

→Alonso is moving with uniform speed=3 (unit of time), as velocity remains constant in the entire process.

6 0

3 years ago