nicoll4 nicoll4
  • 03-04-2017
  • Mathematics
contestada

john jacob jingleheimer schmidt buys a car that costs 21,000 he agrees to make payments at the end of each monthly period for 8 years he pays 6.25% interest compunded monthly what is the amount of each payment

Respuesta :

Aliwohaish12
Aliwohaish12 Aliwohaish12
  • 03-04-2017
21000=X[((1-(0.0625/12)^(-12*8))/(0.0625/12)
Solve for x
x=278.53
Answer Link

Otras preguntas

Choose all the answers that apply. Metamorphic rock can form from _____. sedimentary rock magma metamorphic rock igneous rock
A rectangular prism is 3 meters long, 4 meters wide, and has a total surface area of 94 square meters. What is its height? 3 m 4 m 5 m 6 m
Why is a homogeneous mixture not considered a pure substance? A pure substance can be separated by chemical means, while a mixture can be separated by physical
a swimming pool has the dimensions of 10m, 5m, and 1m. what is the volume?
Which organisms are most likely to survive in a population in which disruptive selection is occurring?
correct formula for Rate of Change.
who was a Mexican empresario who settled in present-day Victoria and introduce cattle to the area
What is one way I can stop myself from being a victim of bullying.
I got 50 dollars for amazon am I'm 13 years old what should I get
What it's "Linear Regression"?