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stiks02 [169]
3 years ago
12

Use the digits 0 - 9 to fill in the blank.

d="TexFormula1" title="243 \frac{1}{5} = blank" alt="243 \frac{1}{5} = blank" align="absmiddle" class="latex-formula">
​
Mathematics
1 answer:
Tresset [83]3 years ago
8 0

Answer:

use 0-9 to fill in blanks

Step-by-step explanation:

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In an installment loan, a lender loans a borrower a principal amount P, on which the borrower will pay a yearly interest rate of i (as a fraction, e.g. a rate of 6% would correspond to i=0.06) for n years. The borrower pays a fixed amount M to the lender q times per year. At the end of the n years, the last payment by the borrower pays off the loan.

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