Katelyn plans to apply for a $10,000 loan at an interest rate of 5.6% for 5 years. Use the monthly payment formula to complete the statement

P(r/12)(1 + r/12) ^12t

M = (1 + r/12)^12t - 1

M=monthly payment

P=principal

r=interest rate

t=number of years

Rounded to the nearest cent Katelyn's monthly payment for the loan is $?

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step-by-step explanation:

sinn is the total amount of students now and m were the students before, you subtract them both (n-m) and divide that by m. then, since to get a percentage from a fraction you have to multiply by 100, your answer should look like this: n-m/m*100

step-by-step explanation:

good luck on ur quiz test or homework. have a good day : )

if you get paid hourly because if you get a salary you could work all week and only get paid a certain amount no matter how much you work but if you get paid hourly then you get paid for every minute you worked.