urielmendoza4u urielmendoza4u

08-03-2017
Mathematics

contestada

Trey is taking out a loan for 85000. Its a 20 year loan with an APR of 5.85. What will his monthly payment be

Respuesta :

Aliwohaish12 Aliwohaish12

08-03-2017

M=[(85000*(0.0585/12))(1+0.0585/12)^(12*20)] divided by [(1+0.0585/12)^(12*20))-1]=601.63
Hope it helps

Answer Link

serinasantiago serinasantiago

08-03-2017

M=[(85000*(0.0585/12))(1+0.0585/12)^(12*20)] divided by [(1+0.0585/12)^(12*20))-1]=601.63
Hope it helps

Answer Link

Otras preguntas

what are the advantages and disadvantages of a mechanical clock ???

Write down the next term of the sequence 2 5 11 20 32... Write down the 5th term in the sequence given by: T(n)= n²- 7 Solve 3 x ≤ 6 If the relative frequency o

Ms. Graves gave her class 12 minutes to read. Carrie read 5 1/2 pages in that time. At what rate, in pages per hour, did Carrie read?

Mr toshio lent out 11 rulers at the begining of the class, collected 4 rulers in the middle of the class, and gave out 7 at the end of class. he had 18 at the e

Find the cost of 12 sweets if 2 sweets cost 5p

You often insert your company's logo into documents you create . One way to make it easier for you to quickly insert it is to save the logo as a

Explain what you can tell just by comparing the symbols in a picture.

What is (-7)= e/3 +14

Bridgewater legal offices charges a $250 retainer fee for real estate transactions plus $180 per hour. Dockside legal charges a $100 retainer fee plus $230 per

Is 3/8 percentage same as 0.375 as a decimal ?