A student receives a student loan for $8000 at 5.5% interest compounded monthly to help finish college in the last 1.5 years of college. Starting 1 year after finishing college, the student must amortize the loan in the next 5 years by making equal monthly payments. What will the payments be and what total interest will the student pay?

answer: the first one

step-by-step explanation: use a calculator and divide the minutes by the dollars.

d) 48

step-by-step explanation:

16,32,48,64,80,96,112,128,144,160,176,192,208,224,240,256,272,288,304,320,336

a.

step-by-step explanation:

step 1 distribute 2 to every term in the parentheses

step 2 add 10 on both sides of the equal sign

the answer is:

the answer is:

to solve the problem, we need to remember the quotient of power property, it's defined by the following relation:

if we have a quotienf of powers that have the same base, we need to keep the same base and subtract the exponent of the denominator power to the exponent of the numerator power.

so, we are given the expression:

then, calculating we have:

hence, the answer is:

have a nice day!