sonnekaustin60
16.01.2021 •
Mathematics
Determine the monthly principal and interest payment for a 15-year mortgage when the amount financed is $95,000 and the annual percentage rate (APR) is 60 %. 10.5 #5
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Ответ:
The student did not distribute properly to get A = P + Prt.
The equation can be fixed by putting a factor of P in the denominator: r = (A - P) / (Pt)
I just took this part of the lesson. Good luck to all!