spicyyhott spicyyhott

23-05-2020
Business

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Which of these Expressions can be used to calculate the monthly payment for a 25-year loan for $150,000 at 13.8% interest compounded monthly?

Which of these Expressions can be used to calculate the monthly payment for a 25year loan for 150000 at 138 interest compounded monthly class=

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oliviashreeve oliviashreeve

26-05-2020

Answer:

C. $150,000 · 0.01115(1 + 0.0115)^300 / (1 + 0.0115)^300 - 1

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MoonCheesy MoonCheesy

27-05-2022

C. $150,000 · 0.01115(1 + 0.0115)^300 / (1 + 0.0115)^300 - 1

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