Mathematics, 05.05.2021 22:20 noahgampp
Which of these expressions can be used to calculate the monthly payment for a 20-year loan for $215,000 at 5.4% interest, compounded monthly?
A. $215 000 .0.0045 (1 +0.0045) 240 (1 +0.0045)240 - 1 O
B. $215 000 0.0045(1 -0.0045) 240 Joy 0.0045)240 +1 .
C. $215 000 .0.0045 (1 +0.0045) 240 (1 +0.0045)240 + 1
D. $215 000 0.0045(1-0.0045) 240 (1 -0.0045)240 1
Answers: 3
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Which of these expressions can be used to calculate the monthly payment for a 20-year loan for $215,...
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