Mathematics, 10.03.2021 20:50 levicorey846
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?
O A.
$215 000 .0.0045(1 +0.0045) 24
(1 +0.0045)240 - 1
ОВ.
$215 000 0.0045(1 -0.0045)24
(1 -0.0045)240 +1
Oc.
$215 000 0.0045(1 +0.0045)240
(1 +0.0045)240 + 1
240
O D.
$215 000 0.0045(1 -0.0045)
(1 -0.0045)240 - 1
Answers: 2
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Which of these expressions can be used to calculate the monthly payment for
a 20-year loan for $215...
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