The correct answer is B 9.74_98.1
Answer:
c
Step-by-step explanation: because if you add all of the 17's you will get 136 in total
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) )
I% = 3.5%
PV = $5,000
PMT = 146.51 (or 146.08 if you choose BEGIN)
FV = 0
P/Y = 12 (months)
C/Y = (12 (months)
PMT: <u>END</u> | BEGIN
I believe it is 8,459,999,894,000,001
The answer to this is 384.57909