Mathematics, 12.02.2021 20:00, raeanparker
Which of these expressions can be used to calculate the monthly payment for
a 30-year loan for $190,000 at 11.4% interest, compounded monthly?
A.
$190,000.0.0095(1-0.0095)360
(1-0.0095)380 - 1
B.
$190,000.0.0095(1-0.0095)360
(1-00095)360 +1
$190,000.0.0095(1 +0.0095)360
(1+0.0095)360
D.
$190,000.0.0095(1 +0.0095)360
(1+0.0095) 360 +1
SUBMIT
Answers: 3
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Which of these expressions can be used to calculate the monthly payment for
a 30-year loan for $190...
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