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Which of these expressions can be hard to calculate the monthly payment for a 20 year loan for $170000 at 12.6% interest compounded monthly?
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Which of these expressions can be hard to calculate the monthly payment for a 20 year loan for $170000 at 12.6% interest compounded monthly?
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Jun 16, 2021
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Which of these expressions can be hard to calculate the monthly payment for a 20 year loan for $170000 at 12.6% interest compounded monthly?
Mathematics
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Xihuny
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Answer:
170000x0.0105(1+0.0105)^240/(1+0.0105)^240-1
Explanation:
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Kadepeay
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Jun 23, 2021
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