Ask Question
3 June, 18:03

Which of these expressions will give the unpaid balance after 5 years on an $80,000 loan with an APR of 4.8%, compounded monthly, if the monthly payment is $519.17?

+5
Answers (1)
  1. 3 June, 20:46
    0
    Answer: $80,000 (1+0.004) ^60 + $519.17 [1 - (+0.004) ^60/0.004]
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Which of these expressions will give the unpaid balance after 5 years on an $80,000 loan with an APR of 4.8%, compounded monthly, if the ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers