Mathematics, 18.11.2019 18:31 jasperc2002owy5b5

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: 1

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The following formula is used to calculate the monthly payment on a personal loan.

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More questions: Mathematics Another questions

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

Another question on Mathematics

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