Given the following loan information: Principal balance: $5000. 4-year term, 12% interest rate with a monthly payment of $131.67; what do you think will happen to the monthly payment if the interest rate was 15%? A) There is not enough information given
B) The payment will go down
c) None of the above
D)The payment will go up

lockers 1, 4, 9, 16, 25, 40, and 49 are open

i ran through it by the other answer is wrong

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