(15 - 6) - 3 = 15 - (6 - 3). is julie's wrote equation sense or nonsense? do you think the associative property works for subtra
1 answer:
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Answer:
$1169.45
Step-by-step explanation:
Using the formula:
where;
Loan amount L = 160000
number of months (n) = 20 × 12 = 240
Lets assume that the interest rate per month c = 6.25% since it is not given.
i.e. (6.25/( 100*12) ) = 5.208 × 10⁻³
∴
P = $1169.45