imagine you live only one mile from work and you decide to walk.if you walk four milesb per hour how long will it take you to wa
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Answer:
Step-by-step explanation:
We do not have access to Edmentum graphing tool, but we can offer the shape of the graph.
Since they are breads counts, they must not be less than zero.
The graph looks like what is shown in the attached figure.
The number of periods over which interest is calculated on the loan.
We have to determine
The following formula is used to calculate the monthly payment on a personal loan.
<h3>What is the formula used to calculate monthly payments?</h3>The formula used to calculate monthly payments are as follows;
Where,
1. PV is the present value or the amount of the loan.
2. i is the interest rate per period and is calculated by dividing the yearly percent rate by 100 and by the number of periods in a year.
3. n is the total number of periods and is calculated as the product of the number of periods in a year times the number of years.
Hence, the number of periods over which interest is calculated on the loan.
To know more about Monthly payments click the link given below.