Answer:
monthly payment = $56.445
Step-by-step explanation:
given data
loan = $5000
interest rate r = 5.3 % = 0.053
time t = 2 year = 24 months
solution
we will use here amount of the monthly payments formula that is
monthly payment = principal ×
................1
put here value and we get
monthly payment = 5000 × 
monthly payment = $56.445
D. 1/4
Divide 4 and 16 and you will get D
Add all the number then multiply by 1,000
Answer:
1/500
Step-by-step explanation: