Answer:
yes it is c you are correct
Answer:
a) 0.125
b) 0.015635
c) 0.00000095367431640625
Step-by-step explanation:
a) 
b) 
c) 
Answer:
$273.38 per month
Step-by-step explanation:
<u>Monthly Payment Formula</u>

where:
- PMT = monthly payment
- P = loan amount
- i = interest rate per month (in decimal form)
- n = term of the loan (in months)
Given:
- P = $19,500 - $4,000 = $15,500
- i = 2.25% / 12 = 0.0225 / 12
- n = 5 years = 60 months


