From the interest computed, the monthly payment that will be made is $7500.
<h3>How to calculate the interest</h3>
The formula to calculate the interest will be:
= PRT/100
= (120000 × 15 × 5)/100
= 90000
Therefore, the monthly payment will be:
= $90000/12
= $7500
In conclusion, the correct option is $7500.
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Answer:
#1 is B
Step-by-step explanation:
I think this is correct because iv done that many times before
Step-by-step explanation:
4:16
No it's ok no need to thank me, it's my duty to help someone like you