If $10,000 is borrowed at an APR of 18%, for a period of 5 years and payments are made monthly, what will be the monthly payment
1 answer:
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Answer:
Step-by-step explanation:
You can use these Cramer's formulas to solve for x and y:
where
So,
I already answered that question, here's the link: brainly.com/question/10534199.
But if you still want the explanation, here it is:
"So if we want to measure probability, you have to add, then divide, like this:
First
, which gives us 18.
Then we see, that 6 is 1/3 of 18, so we conclude. The answer is 33.33%.
Hope this helped!"
But if you still want the explanation, here it is:
"So if we want to measure probability, you have to add, then divide, like this:
First
Then we see, that 6 is 1/3 of 18, so we conclude. The answer is 33.33%.
Hope this helped!"
He is false the equation should be as follows
