Which of these expressions can be used to calculate the monthly payment for a 20-year loan for $215,000 at 5.4% interest, compounded monthly?

OA $215 p00 •0.0045(1 -0.0045)240

OB.

Oc.

OD. $215 p00 0.0045(1 -0.0045)240

(1-0.0045)240 41

$215 p00 0.0045(1 +0.0045 )240

(1+0.0045)240 1

$215 p0o•0.0045(1 +0 0045 )240

(1+0.0045)240 +1

(1-0.0045 )240 _1

a = 3.14

b = 18

c = 18/5 or 3.6 or 3 3/5

step-by-step explanation:

the answer is 150.6

step-by-step explanation:

you multiply .02 by 30 and get .6.

and then you multiply 5.00 by 30 and get 150.

hope this !

this is the formula: v = the value of investment at the end of the time period

p = the principal amount (the initial amount invested)

r = the annual interest rate

n = the annual frequency of compounding (how many times a year interest is added)

t = the number of years the money is invested

^ means raise to the power of