Answer:
The answer is D

That's the only equation will get us one point
Answer: I think it is 364.80
Answer:
<em>The monthly payment is $450.71</em>
Step-by-step explanation:
<u>Financial Computing
</u>
Given the loan amount A, the loan term t, and the APR (annual percentage rate), the montly payment is computed as

where f is

The provided data is



Since the payments will be made monthly, the values of n and i are:


Calculating f:



Now for the payments:


I got the answer (-1, 1) hope this helps
It’s easier to see and solve if you draw the picture
To find LD you need to subtract CD to CL
CD - CL = LD
14.2 - 5.3 = 8.9
=> LD = 8.9