Respuesta :
Answer:
The answer is 45.6$
Step-by-step explanation:
First we need to find monthly interest:
i=I/12=%1.4
The formula for the monthly payment:
[tex]c=m*(i*(1+i)^{12}/((1+i)^{12}-1))[/tex]
Where:
m=500
i=%1.4
c=45.6$
Answer:
The answer is 45.6$
Step-by-step explanation:
First we need to find monthly interest:
i=I/12=%1.4
The formula for the monthly payment:
[tex]c=m*(i*(1+i)^{12}/((1+i)^{12}-1))[/tex]
Where:
m=500
i=%1.4
c=45.6$