Answer: B
Step-by-step explanation:
Answer:
okay, thanks for sharing.
Step-by-step explanation:
cool :)
Answer:
First, you would multiply 9 x 2 that would give you 18. Then you would add 5 and that would give you 23. The answer would be 23
Step-by-step explanation:
Given:
P = $8000, the principal
r = 5.99% = 0.0599, the interest rate
t = 60 months = 5 years, the duration
Assume n = 12, monthly compounding.
n*t = 12*5 = 60
r/n = 0.0599/12 = 0.004992
The total value of the loan is
A = P(1 + r/n)⁶⁰
= 8000(1.004992)⁶⁰
= 10785.434
Monthly payment = 10785.434/60 = $179.76
Answer: $179.46
