F(2)=4(2)+5
f(2)=8+5
f(2)=13
I think it’s the last one but I’m not sure
Answer:
Annual payument (PMT)= $1,663.19
Step-by-step explanation:
Giving the following information:
Loan (PV)= $250,000
Monthly interest rate (i)= 0.07/12= 0.005833
Number of periods (n)= 12*30= 360 months
<u>To calculate the monthly payment, we need to use the following formula:</u>
Annual payument (PMT)= (PV*i) / [1 - (1+i)^(-n)]
Annual payument (PMT)= (250,000*0.005833) / [1 - (1.005833^-360)]
Annual payument (PMT)= $1,663.19
If you multiply 6 times 8 there are 48