Answer:
1. A
2. D
3. C
4. E
5. B
Step-by-step explanation:
The Answer is x=15. Good luck!
Answer:
PV= Max Loan amount = PMT*B(i,T) and PMT = 1200. Calculate B(i,T) = B(6%/12, 360)
=(12/.06)(1-(1/(1.005))360) I will let you complete the calculation
Step-by-step explanation:
Answer:
First, find two points on the graph:
- (x₁, y₁) = (0, 2)
- (x₂, y₂) = (2, 8)
Slope = 
16 + (-3) = 16 - 3 = 13