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Mathematics, 04.03.2020 17:17 lizzyhearts

Maricela was recently approved for an $18,000 loan for 5 years at an interest rate of 6.2%. Use the monthly payment formula to complete the

statement

M= (1 + 5* - 1

M= monthly payment

P= principal

r=interest rate

= number of years

Maricela's monthly payment for the loan iss

ansver
Answers: 3

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Maricela was recently approved for an $18,000 loan for 5 years at an interest rate of 6.2%. Use the...
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