Mathematics, 26.01.2021 18:50, nomad4547
Cassidy is planning to obtain a loan from her bank for $210,000 for a new home. The bank has approved Cassidy's loan at a fixed annual interest rate of 2.7% compounded monthly for 15 years. Use the formula to determine Cassidy's approximate monthly payment.
P = Fp(t)/1 - (1+t)^-n
Answer choices:
A. Cassidy’s approximate monthly payment will be $5,717.26
B. Cassidy’s approximate monthly payment will be $1,721.15
C. Cassidy’s approximate monthly payment will be $1,474.58
D. Cassidy’s approximate monthly payment will be $1,420.11
Answers: 2
Other questions on the subject: Mathematics
Mathematics, 21.06.2019 19:00, chloebaby8
Find the equation of a line whose slope is 2/5 and y- intercept is 2.write your answer in the form 1) ax+by+c=02) x/a+y/b=1
Answers: 1
Mathematics, 21.06.2019 22:00, jamarstand
What is the equation of the line that is parallel to the line with the equation y= -3/4x +1 and passes through the point (12,-12)
Answers: 1
Mathematics, 21.06.2019 23:00, arnold2619
How many 3-digit numbers can you write using only digits 1 and 7? (of course, digits can repeat.) how many 3-digit numbers can you write using only digits 1 and 7? (of course, digits can repeat.)
Answers: 2
Do you know the correct answer?
Cassidy is planning to obtain a loan from her bank for $210,000 for a new home. The bank has approve...
Questions in other subjects:
Mathematics, 20.04.2021 01:00
Mathematics, 20.04.2021 01:00
Mathematics, 20.04.2021 01:00
Health, 20.04.2021 01:00
