Determine the monthly payment for the installment loan.
Annual Number of
Amount Percentage P...
Mathematics, 22.09.2021 14:00 madisonwr
Determine the monthly payment for the installment loan.
Annual Number of
Amount Percentage Payments per Time in
Financed (P) Rate ()
Year (n)
Years (6)
$950
6%
12
2
The monthly payment is $
(Round to the nearest cent as needed.)
Answers: 1
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