Answer: The monthly payments for a $5,000 loan would $146.51.
Step-by-step explanation: How it looks in the TVM Solver formula:
N = 36 ( 3 (years) x 12 (monthly payments) )
I% = 3.5%
PV = $5,000
PMT = 146.51 (or 146.08 if you choose BEGIN)
FV = 0
P/Y = 12 (months)
C/Y = (12 (months)
PMT: <u>END</u> | BEGIN
Answer:
Hope this helps
Step-by-step explanation:
t=6
Answer:
x intercept is (0.9,0)
y intercept is (0,-1.2)
Step-by-step explanation:
It tells us that:
(-2,4)
(-1,3)
(1,6)
(3,5)
(4,8)
Look at (3,5) ... it tells us that x = 3 and y = 5
So y = 5