Suzie needs to borrow $6,000 from a local bank. What is the monthly payment for a one year, 11.25% loan?

Given :

Suzie needs to borrow $6,000 from a local bank.

Interest rate, r = 11.25%.

To Find :

The monthly payment of Suzie for one year to pay of the loan.

Solution :

Total amount to return is :

Let, monthly payment is x.

So,

Therefore, the monthly payment for loan is $556.25 .

whats the question?

step-by-step explanation:

you forgot the options, but i found them anyways, the correct answer is "john wilson believes that words and actions based on the intellect are superior to those based on emotions".

john wilson is depicted as an extremely intelligent man. the point of the excerpt is to make a sort of distinction between emotional and rational intelligence. he happens to have both attributes, but he clearly favors his intellectual gifts. at the same time, because of his religious background, he's a little bit conflicted with this and it makes him ashamed.

hope this !