MATH SOLVE

7 months ago

Q:
# The formula m = 12,000 + 12,000rt 12t gives Keri's monthly loan payment, where r is the annual interest rate and t is the length of the loan, in years. What is Keri's monthly loan payment if she gets a 5% loan for 4 years? $ per month

Accepted Solution

A:

The answer of per month for 4 years is 300.

The answer of per month for 5 years is 50 less per month

The answer of per month for 5 years is 50 less per month