3 years ago

What is the selling price or the cost price depending on the information if the selling price is $21 and the game is 5%?

1 answer:

3 0

This should do the trick

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swat32

Answer:

monthly payment = $56.445

Step-by-step explanation:

given data

loan = $5000

interest rate r = 5.3 % = 0.053

time t = 2 year = 24 months

solution

we will use here amount of the monthly payments formula that is

monthly payment = principal × $\frac{r}{1+(1-r)^{-t}}$ ................1

put here value and we get

monthly payment = 5000 × $\frac{0.053}{1+(1-0.053)^{-24}}\\$

monthly payment = $56.445

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3 years ago

ExtremeBDS [4]

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telo118 [61]

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4 years ago