Driley50
Answered

Explore Westonci.ca, the premier Q&A site that helps you find precise answers to your questions, no matter the topic. Discover comprehensive answers to your questions from knowledgeable professionals on our user-friendly platform. Explore comprehensive solutions to your questions from a wide range of professionals on our user-friendly platform.

The following formula is used to calculate the monthly payment on a personal loan.
P = PV. i
________ - n
1 - (1+i)
In this formula, i represents the _________ of the loan.
A) Annual interest rate.
B) Interest rate per period
C) Initial amount
D) Incident amount
Explain why it would be letter B

Sagot :

B is the answer bro, 100 percent sure

Hope this helps

Can you help me?

The mathematics department has just received a $200000 donation. The department wants to invest in an annuity so that they can gove a prize every month to its most improved math student for next 15 years. The bank is offering 4.5% compounded monthly. What would be the size of the department’s monthly prize offered?

Posted this question 1000times plz someone answer, i beg plz help

Question about financial application functions

Plz help me with this question ASAP( being timed)

Plz show all working

Thank you so much God bless you

We hope you found what you were looking for. Feel free to revisit us for more answers and updated information. We hope this was helpful. Please come back whenever you need more information or answers to your queries. Thank you for visiting Westonci.ca. Stay informed by coming back for more detailed answers.