Answer:
3rd Option
Step-by-step explanation:
Since the denominator cannot equal 0, x ≠ 5. Therefore, our domain stops and starts again at 5. So our answer is 3rd option.
Amount borrowed, P = 13000
Interest, i = 0.07/12 per month
number of periods (months), n = 4*12 = 48
Monthly payment,


=
311.30 (to the nearest cent)