adriana012 adriana012
  • 02-04-2018
  • Mathematics
contestada

HELP




Ellis Klein borrows $2,000 at an annual interest rate of 7.2% for two years. Calculate his monthly payments. M=Pm(1+m)na(1+m)na−1

Respuesta :

philipscaster83
philipscaster83 philipscaster83
  • 02-04-2018
M=2,000÷((1−(1+0.072÷12)^(−12
×2))÷(0.072÷12))
M=89.73
Answer Link

Otras preguntas

Why do u think each letter in a polygon's name can be used only once
Which European monarch established the Congo Free State as a personal kingdom in central Africa and ruled it ruled through violence and intimidation? A. Tsar Ni
What is true about the variable x when the variable n is a negative number?
Who is Jack London and what is he useful for? Where Does he live?
Which best describes a centromere?
Increase £1.20 by a quarter(1/4)
The first immigrants to the United States were mainly from England, Scotland, Ireland, Germany, and A. Russia. B. Italy. C. Scandinavia. D. Greece
What is the perimeter of 2m10cm by 45cm?
Where does commas go for The rusty weather worn ship did not seem sea worthy.
what is the answer to (x-2)(x+2)