Rick has taken a loan of $3,200 from the bank to buy new appliances. his first loan payment is due at the end of this month. he has 24 months to pay off his loan, starting this month. the loan will be compounded monthly at a fixed annual rate of 4.8%.
use the formula for the sum of a finite geometric sequence to determine rick's approximate monthly payment.
rick's approximate monthly payment will be $293.48.
rick's approximate monthly payment will be $81.27.
rick's approximate monthly payment will be $128.
rick's approximate monthly payment will be $140.87.
Answers: 1
Chemistry, 22.06.2019 07:30, deidaraXneji
Using data from seismic waves, geologists have learned that earth’s interior is made up of several
Answers: 3
Chemistry, 22.06.2019 13:30, nasibamurodova
What are the chemical names of these compounds? ke: mg3n2: reset next
Answers: 1
Chemistry, 22.06.2019 22:30, needhelpasap8957
Why is the bottom layer of a trophic pyrimid the
Answers: 2
Rick has taken a loan of $3,200 from the bank to buy new appliances. his first loan payment is due a...
Mathematics, 15.04.2021 07:20
Mathematics, 15.04.2021 07:20
Spanish, 15.04.2021 07:20
Mathematics, 15.04.2021 07:20