Answer:
PV= Max Loan amount = PMT*B(i,T) and PMT = 1200. Calculate B(i,T) = B(6%/12, 360)
=(12/.06)(1-(1/(1.005))360) I will let you complete the calculation
Step-by-step explanation:
Answer:
I believe you are correct
Hope This Helps! Have A Nice Day!!
529.2 .......................................
Answer:
8x - 20
Step-by-step explanation:
6(2x - 3) - 2(2x + 1)
Distribute
6(2x) -6( 3) - 2(2x) -2( 1)
12x -18 -4x -2
Combine like terms
12x -4x -18 -2
8x-20