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Home Q & A Board Science-Related Homework Help Computer Studies
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sukhmeet sukhmeet
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5 years ago
Identify the correct formula to calculate the payment for a loan, where rate is 6%, the loan amount is $2,000, and payments will be made monthly for six years.
A) =PMT(.06, 6*12, 2000)
B) =PMT(.06, 6*12, -2000)
C) =PMT(.06/12, 6*12, -2000)
D) =PMT(6, 6*12, 2000)
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joelatinojoelatino
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#1
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5 years ago
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sukhmeet Author
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5 years ago
You make an excellent tutor!
courtneyrmcd
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Yesterday
Helped a lot
Danivalda
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2 hours ago
Thank you, thank you, thank you!
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