Mathematics, 13.05.2021 22:30 Shihhschool20
Bradley entered the following group of values into the TVM solver of his graphing calculator. N= 36; 1% = 0.8; PV =; PMT = -350; FV = 0; P/Y = 12;C/Y = 12; PMT:END. which of these problems could he be trying to solve?
A) a person can afford a $350-per-months loan payment. if she is being offered a 36-year loan with an APR of 9.6% compounded monthly, what is the most money that she can borrow?
B) a person can afford a $350-per-month loan payment. if she is being offered a 36-year loan with an APR of 0.8%, compounded monthly, what is the most money that she can borrow?
C) a person can afford a $350-per-month loan payment. if she is being offered a 3-year loan with an APR of 9.6%, compounded monthly ,what is the most money that she can borrow?
D) a person can afford a $350-per-month loan payment. if she is being offered a 3-year loan with an APR of .08%, compounded monthly, what is the most money that she can borrow?
I'm sorry if I mistyped any of these :)
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Bradley entered the following group of values into the TVM solver of his graphing calculator. N= 36;...
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