Discussion. xml
1. Consider the monthly payment formula M - P (1+y). What is the name of the
...
Mathematics, 27.01.2021 02:20 suhailalitariq
Discussion. xml
1. Consider the monthly payment formula M - P (1+y). What is the name of the
(1+r)^-11
formula you get if you solve for P?
What about if you solve for n? What special function do you need to use when
solving for n?
2. Does the monthly payment formula take compound interest into account?
3. Summarize how payday loans compare to typical loans. Use APR or APY in
your discussion. What are some reasons someone might consider taking such
a loan?
Answers: 1
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Both the red and blue line segments stretch from the center of the circle to a point on the circle. the length of the blue segment is 5. how long is the red line segment?
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