Jahin7489 Jahin7489
  • 14-07-2018
  • Mathematics
contestada

If you were to borrow $8,000 over five years at 0.11 compounded monthly, what would be your monthly payment?

Respuesta :

GS8D GS8D
  • 14-07-2018
8000 divide by 5 =1600
0.11x8000=880
1600+880
2480
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