Mathematics
Mathematics, 26.02.2020 23:19, taylorbean315

Using the formula, compute the true annual interest rate.

Loan amount = $9,500

Monthly payments = $227.50

Time of loan contract = 5 years

True annual interest rate (to the nearest tenth) = .

17.2
12.0
8.4
19.2

answer
Answers: 1

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 20:30, kalliebjones4511
Carley bought a jacket that was discounted 10% off the original price. the expression below represents the discounted price in dollars, based on x, the original price of the jacket.
Answers: 1
image
Mathematics, 21.06.2019 21:00, datgamer13
Mr. zimmerman invested $25,000 in an account that draws 1.4 interest, compouneded annually. what is the total value of the account after 15 years
Answers: 1
image
Mathematics, 22.06.2019 02:40, liyahheadhigh
Benefit(s) from large economies of scale, in which the costs of goods decrease as output increases. natural monopolles perfect competition
Answers: 1
image
Mathematics, 22.06.2019 04:00, babbygirl8597
Jack has to solve the problem 281-266.how would you tell him to solve the problem ? tell which strategy you would use ,and solve the problem.
Answers: 3
Do you know the correct answer?
Using the formula, compute the true annual interest rate.

Loan amount = $9,500

Questions in other subjects:

Konu
Mathematics, 21.02.2020 18:49