Answer:
there was alot of math here but i got 10
Step-by-step explanation:
so first u add 10 and 2 u get 12 then u multiply 4 then u get 48 and divide that by 4 and then subtract 2 and get 10. hope this helped
Correct me if I’m wrong but I believe it to b
Step-by-step explanation:
So, the account is at 0 initially; after the 1st payment made to the statement, the only balance it'd have, is the first payment amount, so namely, what's the monthly amortized cost.
Ex.: the picture
So let's do the same!
<em>pymt:</em> 120,000 [0.049/12/1 - (1 + 0.049/12) -12 x 20]
Hope this helped!