The answer is b/false I hope this help
Answer:
B
Step-by-step explanation:
Simple interest is based on the principal amount of a loan or deposit.
Answer : A
hope this helps
Answer: $32,732.58
Step-by-step explanation:
To calculate the total loan payment over the course of the loan period, use the future value formula:
= Loan amount * (1 + rate) ^ number of years
As this loan is compounded monthly, you need to convert certain terms to monthly figures:
Number of periods = 6 * 12 months = 72 months
Interest = 4.5 / 12 = 0.375%
Total payment:
= 25,000 * ( 1 + 0.375%)⁷²
= $32,732.58
Answer:
−
48828125
Step-by-step explanation:
you can use a calculator for algebra
