Its C. 4.31 x 10^-5 = 0.0000431
If their mean is 5, then the numbers add up to 25.
Here are a few sets that do the job:
1, 2, 3, 4, 15
10, 20, 30, 40, -75
+2, -2, +99, -99, 25
1, 5, 5, 5, 9
Answer: $32,732.58
Step-by-step explanation:
To calculate the total loan payment over the course of the loan period, use the future value formula:
= Loan amount * (1 + rate) ^ number of years
As this loan is compounded monthly, you need to convert certain terms to monthly figures:
Number of periods = 6 * 12 months = 72 months
Interest = 4.5 / 12 = 0.375%
Total payment:
= 25,000 * ( 1 + 0.375%)⁷²
= $32,732.58