The following formula is used to calculate the monthly payment on a personal loan.
p = pv 1 -...
Mathematics, 14.11.2019 03:31 cupkakekawaii45
The following formula is used to calculate the monthly payment on a personal loan.
p = pv 1 -(1+i)-n
in this formula, i represents the of the loan.
a.
annual interest rate
b.
interest rate per period
c.
initial amount
d.
incident amount
select the best answer from the choices provided
Answers: 3
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