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 Oct 11, 2018
 #1
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+1

The answer is "C". Can you calculate it using the formula given to you? Try it.

 Oct 11, 2018
 #2
avatar+101872 
+1

A  = 14790

r = .069  / 12   =  23 / 4000

n = 48

P  =  14790 *(23/4000) *  [ 1 + 23/4000]^(48) ] / [ ( 1 + 23/4000)^48  - 1 ] = 353.48 

 

So..."C"

 

cool cool cool

 Oct 11, 2018

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