Mathematics, 13.12.2021 19:40 bossefamily1
Which of these expressions can be used to calculate the monthly payment for
a 30-year loan for $195,000 at 6.6% interest, compounded monthly?
A.
$195 p0o .0.0055(1 +0.0055) 300
(1+0.0055)380 - 1
B.
$195 200 .0.0055 (1 -0.0055)
380
(1 -0.0055)360 - 1
$195 000 0.0055(1 +0.0065) 360
(1 +0.0055 +1
360
D.
$195 000 0.0055(1 -0.0055)360
(1 -0.0055)
380
+1
Answers: 3
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Which of these expressions can be used to calculate the monthly payment for
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