CassandraDiaz
CassandraDiaz CassandraDiaz
  • 02-08-2020
  • Mathematics
contestada

Financial Math
What’s the answer??
[No guessing]

Financial Math Whats the answer No guessing class=

Respuesta :

musiclover10045
musiclover10045 musiclover10045
  • 02-08-2020

In the given formula n is the number of years the loan is out for.

The answer would be C.

Answer Link
09pqr4sT
09pqr4sT 09pqr4sT
  • 02-08-2020

Answer:

[tex]\boxed{\sf C}[/tex]

Step-by-step explanation:

The formula for the payment on a loan is given:

[tex]\displaystyle P=PV \cdot \frac{i}{1-(1+i)^{-n}}[/tex]

n would represent the number of periods or years it will take to pay the loan back.

Answer Link

Otras preguntas

A pharmaceutics book is one written about _____. User: the system of organizing society into hereditary classes
what is the meaning of megacorperation
what are all the ways to make 37 with tens and ones?
How does ATP serve the paramecium as a renewable resource?
The volume of a container is 40 cm3. It has a length of 4 cm, a width of 2 cm. What is the height of the container?
What is the process which sediment settles out of water or wind care you it called
How did the Spanish-American War affect US power in Asia?
phosphorescence is a phenomenon associated with which algal division
What did Dr. Martin Luther King Jr. mean when he said "We Cannot Turn Back"?
A specific factor having a range of possible values is a __________. a. variable b. mean c. median d. mode