Below is the formula for calculating monthly payments for a fixed-rate loan. M equals P times the fraction with a numerator of i times the quantity 1 plus i end quantity to the power of n times t all over the denominator of the quantity 1 plus i end quantity to the power of n times t end power minus 1 end fraction Part 1: Explain what the following variables represent and how changing each one affects the monthly payment amount: P, i, and t. Part 2: Explain how changing each variable (P, i, and t) affects the total cost of principal and interest over the life of the loan. (5 points)

changing each variable (P, i, and t) affects the total cost of principal and interest over the life of the loan. (5 points)

Step-by-step explanation:

Step-by-step explanation:

1+1+1+1+1x5=15

7.25

step-by-step explanation:

we know that 7 equals to 7.0. we also know that 1/4=0.25. so we can add the two together and we get 7.25

the option best identifies the textual evidence that supports this conclusion is c.) when an argument is over, how many weighty reasons does a man recollect which his heat and violence made him utterly forget? in order to recognize textual evidence is to identify the topic sentence where the author states the main idea. textual evidence is what supports the topic sentence or main idea of a passage.