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.

c is the answer

step-by-step explanation:

all group life insurance is term insurance. actually it is annual renewable term and it is rated on the average age and claims experience of the entire group, which is called "experience rating." remember, this type of insurance has a 31-day grace period and is convertible to whole life upon leaving employment. a contributory group plan requires that both the employer and the employees pay part of the premium. at least 75% of those eligible must participate, so the group is sure to get most of the healthy employees as well as those that are sick.

step-by-step explanation:

answer: it depends on what the tax percentage