The following formula is used to calculate the monthly payment on a personal loan.
P=PV
1/1 - (1+i) - *
In this formula, i represents the _ of the loan.
a. annual interest rate
b. interest rate per period
c. initial amount
d. incident amount
Answers (2)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “The following formula is used to calculate the monthly payment on a personal loan. P=PV 1/1 - (1+i) - * In this formula, i represents the _ ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
How to write 125% as a decimal
Answers (2)
What is the partial product of 434x310
Answers (2)
3 months ago, Santos could walk 2 miles in 40 minuets. Today, he can walk 2 miles in 25 minutes. Find the percent of change
Answers (1)
What are two same numbers that are multiplied to get 44
Answers (2)
A card is being drawn from a standard deck of playing cards. Determine whether the events are mutually exclusive or not mutually exclusive. Then find the probability. 11. P (jack or ten)
Answers (1)
New Questions in Mathematics
If Sam has 6/8 apples and he gives 4/6 away How much doe she have left?
Answers (1)
What will the length and width be for a perimeter of 15
Answers (2)
Nothing at all nothing
Answers (1)
tell whether the events are independent or dependent. Then find P (A and B) ... You roll a number cube two times. Event A:You roll an odd number on the first roll. Event B:You roll a 4 on the second roll.
Answers (2)
Express the length (in terms of w) of a rectangle which is five more than the width, w.
Answers (1)