Which of these expressions will give the unpaid balance after 5 years on an $80,000 loan with an apr of 4.8%, compounded monthly, if the monthly payment is $519.17?

answer: a.

step-by-step explanation: the answer is a. because, you need to converge the fractions to find a solution.

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