Question 9 of 10
Which of these expressions will give the unpaid balance after 7 years on a
$...
Mathematics, 08.12.2020 03:40, GERIANNCAYER
Question 9 of 10
Which of these expressions will give the unpaid balance after 7 years on a
$60,000 loan with an APR of 8.4%, compounded monthly, if the monthly
payment is $516.90?
OA. S60 D00(1 + 0.084 )04 $516 9o1-(1+0 084)04
OB. $60 000(1+0 007 )04 $516 9n1-(1+0.007)4
Oc. s60 D00(1+0 084)y' + $516 90 1- (1 +0084)
OD. S60 D00(1 +0.007)' +$516 90 0
0 084
0007
0084
o 007)
0 007
SUBMIT
Answers: 2
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Answers: 2
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