subject
Mathematics, 17.10.2019 19:00 lakhwinder6588

to pay for art school, lamar borrowed money from his credit union.
he took out a personal, amortized loan for %57,500, at an interest rate of 5.4%, with monthly payments for a term of 15 years.

for each part, do not round any intermediate computations and round your final answers to the nearest cent.
if necessary, refer to the list of financial formulas.

(a) find lamar's monthly payment.

(b) if lamar pays the monthly payment each month for the full term, find his total amount to repay the loan.

(c) if lamar pays the monthly payment each month for the full term, find the total amount of interest he will pay.

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 17:00
Bugs bunny was 33 meters below ground, digging his way toward pismo beach, when he realized he wanted to be above ground. he turned and dug through the dirt diagonally for 80 meters until he was above ground
Answers: 3
question
Mathematics, 21.06.2019 23:20
This graph shows which inequality? a ≤ –3 a > –3 a ≥ –3 a < –3
Answers: 1
question
Mathematics, 22.06.2019 00:00
One of the complementary angles is 4 degrees mor than the other. find the angles (recall that complementary angles are angles whose sum is 90 degrees.) which of the following can not be used to solve the problem if x represents one of the angles? a. 2x-4=90 b. 2x+4=90 c. x+4=90
Answers: 1
question
Mathematics, 22.06.2019 03:20
The value of x must be greater than what?
Answers: 1
You know the right answer?
to pay for art school, lamar borrowed money from his credit union.
he took out a personal, am...
Questions
question
Mathematics, 16.06.2020 21:57
Questions on the website: 13722367