indikanna
06.11.2019 •
Mathematics
Melinda stewart borrowed $5,000 at an annual interest rate of 7.2% for three years. calculate her monthly payments.
m=pm(1+m)na(1+m)na−1
a. 89.73
b. 95.24
c. 99.73
d. 154.84
Solved
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Ответ:
The formula to find the monthly payment is
Pmt=pv÷[(1-(1+r/12)^(-12×n))÷(r/12)]
PMT=5,000÷((1−(1+0.072÷12)^(
−12×3))÷(0.072÷12))
=154.84...answer
Hope it helps
Ответ:
Create a number line with small lines
Example:
<-| ---1/32/3|->
It's also on the left hand side of the number line.
Left of the number 0.