Mathematics

26 November, 06:46

Lily is considering taking out a 6-year loan with monthly payments of $225 at an APR of 1.7%, compounded monthly, and this equates to a loan of $15,390.84. Assuming that Lily's monthly payment and the APR of the loan remain fixed, which of these is a correct statement?

+5

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question 👍 “Lily is considering taking out a 6-year loan with monthly payments of $225 at an APR of 1.7%, compounded monthly, and this equates to a ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.

Search for Other Answers

You Might be Interested in

If you are asked to provide a set of two or more numeric answers, separate them with commas. for example, to provide the year that sputnik (the first satellite to be sent into orbit around the earth) was launched and the year humans first walked on

A cylinder has a radius of 7 cm and a height of 12 cm what is the surface area

cassey brought home 10 flowers on Monday. Tuesday another little boy gave her 35 flowers. how many flowers does she have altogether?

I need to know how to graph (15,45)

Perform the indicated operation 1 2/3 + 5 3/8

New Questions in Mathematics

6,051 m = __km a. 0.6051 b. 6.051 c. 60.51 d. 605.1

Doug believes that the function y=6 is linear, while Olga believes that it is not linear. Who is right, and why? A Doug is right, because the function cannot be written in the form y = mx + b.

What is 4.27-1.29?

Which equation is 69 is greater than x

If x = 7, y = 1 and 2 = 1, then evaluate the following expression: X - y + z =