Mathematics

Mathematics, 24.07.2019 05:30, mgwlisp

Use the appropriate amortization formula to find the monthly (n=12) "payment on a loan with the given conditions"

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Mathematics, 01.07.2019 02:00, journey888

You can use the formula p=a(i/1-(1+i)-n) monthly payment on a loan of a dollars that is paid back in equal monthly payments over n months. the variable i represents (annual interest rate 12). seki has a $4,000 student loan with an 8% annual interest rate which he is scheduled to pay off in 10 years. use the formula and a calculator to find seki’s monthly payment.

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Computers and Technology, 12.08.2019 21:30, Dweath50

Write a program to calculate the monthly payment on a loan given the loan amount, interest rate and the number of years to pay off the loan. then add a function to print an amortization schedule for that loan. create a class to save the current balance and the rest of the data as private data. add member functions to make a payment and to print the amortization report.

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Chemistry, 02.10.2019 23:00, rachis

Rick has taken a loan of $3,200 from the bank to buy new appliances. his first loan payment is due at the end of this month. he has 24 months to pay off his loan, starting this month. the loan will be compounded monthly at a fixed annual rate of 4.8%. use the formula for the sum of a finite geometric sequence to determine rick's approximate monthly payment. rick's approximate monthly payment will be $293.48. rick's approximate monthly payment will be $81.27. rick's approximate monthly payment will be $128. rick's approximate monthly payment will be $140.87.

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Use the appropriate amortization formula to find the monthly (n=12) "payment on a loan with the give...

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