The formula for the amount of a monthly payment A on principal amount P at interest rate i loaned for t years is given by
... A = P(i/12)/(1 -(1 +i/12)^(-12t))
Filling in the given values, this is
... A = $204000(.05/12)/(1 -(1 +.05/12)^(-12·20)) ≈ $1346.31
Answer:
Your answer would be 36
Step-by-step explanation:
You can figure this out by multiplying B by C to get A or
4 x 9 = 36
Then you can check by going
36 ÷ 4 = 9
9 = 9
This is the right answer
Answer:
56
Step-by-step explanation:
The answer is b, r=24 and t = 24\|3
No options are given. You might have to resubmit you question.
