You can calculate the monthly payment M (in dollars) for a loan using the formula
Where L...
Mathematics, 20.03.2020 11:00 neneleey1941
You can calculate the monthly payment M (in dollars) for a loan using the formula
Where L is the loan amount (in dollars), i is the monthly interest rate (in decimal form), and t is the term (in months)
You are attending college. You take out a 10-year student loan for $10,000. The annual interest rate of the loan is 3%
The monthly payment is $_
Answers: 1
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