Mathematics, 07.05.2021 19:40 cicip7209
Which of these expressions can be used to calculate the monthly payment for
a 30-year loan for $195,000 at 6.6% interest, compounded monthly?
A.
$195 000 .0.0055 (1 -0.0055)
(1 -0.0055)360 - 1
B.
$195 p00 0.0055(1 +0.0055) 360
(1 +0.0055)360 - 1
C.
$195 000 . 0 0055(1 -0.0055)360
(1 -0.0055)360 +1
D.
$195 000 .0.0056 (1 +0.0055) 360
(1 +0.0055) + 1
360
Answers: 2
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Which of these expressions can be used to calculate the monthly payment for
a 30-year loan for $19...
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