If Mike is willing to pay no more than an effective rate of 8.000% annually, the loans that meet his criteria are loan X and loan Z. Of those two, the lowest would be loan X. I hope the answer will help you :)
B. 3
Here’s why
t1 = 3072, r = -1/2
t11 = 3072 (-1/2)^10 = 3
Answer:
a
=
4.8
Step-by-step explanation:
there