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6 Nov 2019
The monthly payment C (in dollars) on a loan of P dollars at an APR of R% for a period of n months is given by C(P,r,n) = Pr(1 + r)^n/(1 + r)^n -1 where r = R/12 is the monthly interest rate as a decimal. If you finance a new car for exist17,500 at on APR of over a period of 48 months, calculate your monthly car payment to the nearest cent. exist470.75 exist470.70 exist407.75 exist407.79 None of the others Show transcribed image text
The monthly payment C (in dollars) on a loan of P dollars at an APR of R% for a period of n months is given by C(P,r,n) = Pr(1 + r)^n/(1 + r)^n -1 where r = R/12 is the monthly interest rate as a decimal. If you finance a new car for exist17,500 at on APR of over a period of 48 months, calculate your monthly car payment to the nearest cent. exist470.75 exist470.70 exist407.75 exist407.79 None of the others
Show transcribed image text akshaypatil83878Lv10
3 Mar 2023
Tod ThielLv2
24 Jul 2019
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