CassandraDiaz
CassandraDiaz CassandraDiaz
  • 02-08-2020
  • Mathematics
contestada

Financial Math
What’s the answer??
[No guessing]

Financial Math Whats the answer No guessing class=

Respuesta :

musiclover10045
musiclover10045 musiclover10045
  • 02-08-2020

In the given formula n is the number of years the loan is out for.

The answer would be C.

Answer Link
09pqr4sT
09pqr4sT 09pqr4sT
  • 02-08-2020

Answer:

[tex]\boxed{\sf C}[/tex]

Step-by-step explanation:

The formula for the payment on a loan is given:

[tex]\displaystyle P=PV \cdot \frac{i}{1-(1+i)^{-n}}[/tex]

n would represent the number of periods or years it will take to pay the loan back.

Answer Link

Otras preguntas

can someone help me with number 25
the temperature on mars ranges widely from -207 f to 80 f find the average of the temperature extremes on mars
'This life is more important than the next' - Discuss statement Include Christian views - Catholic and Church of England
A non-metal usually forms 2 covalent bonds in its compounds.How many electrons will it take in its valence shell?
E = mv^2 Work out the value of E when m = 3 and v = 10
why does methane have a low boiling pint?
A packet is dropped from a stationary helicopter, hovering at a height 'h' from the ground level, reaches the ground in 12s. Calculate 1) value of 'h' "displac
why do living things need nitrogen?
a bicyclist rides 1/5 mile in 1/65 hour. Write this rate as a unit rate
how many thirds in 5