subject
Mathematics, 08.02.2022 14:00 davidoj13

Assume a bank loan requires an interest payment of $85 per year and a principal payment of $1,000 at the end of the loan's eight-year life. What would be the present value of the loan if the interest rate is 8 percent?

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 14:40
Sara sells beaded necklaces she makes a profit of 4 dollars pn every neclace she sells which table represents the profit sara makes
Answers: 1
question
Mathematics, 21.06.2019 18:30
Ineed in figuring out this problem.
Answers: 3
question
Mathematics, 21.06.2019 23:50
How are algebraic expressions evaluated using substitution?
Answers: 1
question
Mathematics, 22.06.2019 03:30
At the bulk food store, stacy bought 7 lbs of nuts. she used 8 ounces of nuts in a recipe and then put the rest of the nuts into small bags to use for snacks. if each small bag contains 4 ounces of nuts, how many small bags of nuts did stacy make? a, 26 b,24 c,19 d,15. show work first one , to you first user, okie welp
Answers: 1
You know the right answer?
Assume a bank loan requires an interest payment of $85 per year and a principal payment of $1,000 at...
Questions
question
Mathematics, 22.09.2019 14:00
Questions on the website: 13722367