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MA_775_DIABLO [31]
3 years ago
9

The Jimenez family purchased a new home. To fully furnish their new home, they took a loan from their credit union that charges

11% per year compounded monthly . The loan amount was $16,000. They wish to payoff this loan in 3 years. How much is their monthly payments
Mathematics
1 answer:
posledela3 years ago
8 0

Answer:

Step-by-step explanation:

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Given to us

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<h3>What is the constant of proportionality? </h3>

The constant of proportionality is plugged into an expression when the proportionality is been removed from the expression.

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