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Mathematics, 17.05.2021 05:40 jennychen2518pbmirn

Question 8 of 10 Which of these expressions can be used to calculate the monthly payment for
a 25-year loan for $305,000 at 7.8% interest, compounded monthly?
A.
$305 000 0.0065(1 -0.0065)
(1 -0.0065).20 - 1
B.
$305 000 0.0065(1 +0.0065)
300
(1+0.0065) 0 - 1
C.
$305 000 .0.0065 (1 +0.0065) 300
(1 +0.0065) 5200 +1
D.
$305 000 0.0065(1 -0.0065)
(1 -0.0065 ).300 +1

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Answers: 1

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