Mathematics, 29.01.2020 14:51 bwjester0

Eduardo is considering taking out a 30-year loan with monthly payments of $175 at an apr of 3.3%, compounded monthly, and this equates to a loan of $39,958.42. assuming that the apr and the length of the loan remain fixed, which of these is a correct statement? a. if eduardo's monthly payment were $165, the amount of the loan that he is considering taking out would be more than $39,958.42. b. if eduardo's monthly payment were $155, the amount of the loan that he is considering taking out would be less than $39,958.42. c. if eduardo's monthly payment were $185, the amount of the loan that he is considering taking out would be less than $39,958.42. d. if eduardo's monthly payment were $145, the amount of the loan that he is considering taking out would be more than $39,958.42.

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