CassandraDiaz
CassandraDiaz CassandraDiaz
  • 02-08-2020
  • Mathematics
contestada

Financial Math
What’s the answer??
[No guessing]

Financial Math Whats the answer No guessing class=

Respuesta :

musiclover10045
musiclover10045 musiclover10045
  • 02-08-2020

In the given formula n is the number of years the loan is out for.

The answer would be C.

Answer Link
09pqr4sT
09pqr4sT 09pqr4sT
  • 02-08-2020

Answer:

[tex]\boxed{\sf C}[/tex]

Step-by-step explanation:

The formula for the payment on a loan is given:

[tex]\displaystyle P=PV \cdot \frac{i}{1-(1+i)^{-n}}[/tex]

n would represent the number of periods or years it will take to pay the loan back.

Answer Link

Otras preguntas

You can run 3­ 3/5 miles in 40 minutes. What is your unit rate?
why do bees have sticky hair
During the first selma voting rights march on march 7, 1965,
when was the Declaration of Independence signed?
how many 2/3- ounces packages of peanuts can be made with 8 ounces of peanuts?
The decimal of 2 quarters, 1 dime, and 4 pennies
Which line in this excerpt from Jesse Jackson's "Common Ground and Common Sense" speech demonstrates the use of hypophora? (A.__Leadership must meet the moral c
[35 POINTS] Which two of the following ideas related to international relations and security did the Allies support and promote during World War II? [PICK TWO]
An important element of an autobiography is self-evaluation or introspection. Which sentences in this excerpt from the Autobiography of Benjamin Franklin show t
Why is it important to learn, in algebra, the proper order in which to read algebraic expressions and solve algebraic equations?