ChemIsHard8309 ChemIsHard8309

26-06-2020
Mathematics

contestada

Jacob took out a loan for $950 at a 13.2% APR, compounded monthly, to buy

a dishwasher. If he will make monthly payments of $62.50 to pay off the loan,

which of these expressions could be used to calculate the number of

payments he will have to make?

Respuesta :

keenusman keenusman

16-03-2021

Answer:

log( 62.562.5 + (950)(0.011))log(1+0.011)

Step-by-step explanation:

Answer Link

brucecross1010 brucecross1010

05-05-2021

Answer: log(62.5/62.5-(950)(0.011))/log(1+0.011)

Step-by-step explanation: long expression i know but is right

Answer Link

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