Business, 02.03.2020 23:08 badpotterchris

The following formula is used to calculate the monthly payment on a personal loan.
P= PY-
1-(1+2)
In this formula, i represents the of the loan.
a. annual interest rate
b. interest rate per period
c. initial amount
d. incident amount
Please select the best answer from the choices provided
O A
OB
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The following formula is used to calculate the monthly payment on a personal loan.
P= PY-

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