CWD5150 CWD5150
  • 04-04-2017
  • Mathematics
contestada

What is the monthly payment for a loan if the amount financed is $12385, the APR is 6.9% for 5 years and the monthly payment per $100 is $2.24?

Respuesta :

Aliwohaish12
Aliwohaish12 Aliwohaish12
  • 04-04-2017
12385=X[(((1-(1+0.069/12)^(-12*5))/(0.069/12)]
Solve for x
X=244.65
Answer Link

Otras preguntas

What is the square root of 120040?
Which one is it? A. B. C. or D.
t^2+3s+3t+st=()(t+s)
A football is 64 metres wide and 118 metres long. what is its perimeter?
According to tesman, the slippers are so special to him because _____. his aunt made them for him they are from his childhood his feet are usually cold stores n
How many consonants are in the word vowel? A. 2 B. 3 C. 5 D. 1
Rectangle ABCD is graphed in the coordinate plane. The following vertices are A (0,6) B (4,6) C (4,2) D (0,2). What is the lengths of CD in this coordinate?
Prolonged exposure to stress can affect the body and work away
One of the more potent weapons available to the government is public disclosure, which is the requirement that businesses reveal information to the public about
use the graph of the function to find, f(2)