Mathematics, 26.02.2021 01:00 matiasjjj14
The following formula is used to calculate the monthly payment on a personal loan.
P = P V times StartFraction i over 1 minus (1 + i) superscript negative n EndFraction
In this formula, i represents the _ of the loan.
a.
annual interest rate
b.
interest rate per period
c.
initial amount
d.
incident amount
Answers: 1
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The following formula is used to calculate the monthly payment on a personal loan.
P = P V times St...
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