swag2112 swag2112
  • 18-05-2023
  • Mathematics
contestada

Christina took out a loan of $98,500 at an interest rate of 12.6% compounded monthly. She paid off the loan in full over the course of exactly sixteen years. Assuming that Christina made the same payment every month for sixteen years, what was her monthly payment?

O $829.52
O $1,195.10
O $1,120.50
O $1.275.03

Respuesta :

Otras preguntas

Help with math problem- finding first four terms of a sequence with a factorial. An=2(n+1)!
The density of a liquid can be determined by weighing a known volume of the liquid in a graduated cylinder. the data from the experiment is as follows: weight o
what is a structure?
In a market with many sellers, businesses compete for customers by offering _____ and _____.
How was democracy in ancient Rome different from in ancient Greece?
A car traveled at an average rate of 51 miles per hour on one highway. It then traveled at an average rate of 71 miles per hour on a second highway. If the car
An example of situational irony in The open Window
When did the First World War start
In a titration experiment 12.5 ml of 0.500 m h2so4 neutralized 50.0 ml of naoh. the concentration of the naoh solution is ____.
can someone explain how to do this?