Mathematics, 18.12.2020 18:20 hfuller6219
Which of these expressions can be used to calculate the monthly payment for
a 20-year loan for $215,000 at 5.4% interest, compounded monthly?
OA $215 p00 •0.0045(1 -0.0045)240
OB.
Oc.
OD. $215 p00 0.0045(1 -0.0045)240
(1-0.0045)240 41
$215 p00 0.0045(1 +0.0045 )240
(1+0.0045)240 1
$215 p0o•0.0045(1 +0 0045 )240
(1+0.0045)240 +1
(1-0.0045 )240 _1
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Which of these expressions can be used to calculate the monthly payment for
a 20-year loan for $215...
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