gipsonpatricia3 gipsonpatricia3

14-11-2019
Mathematics

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A loan of 6,000 is to be paid in 48 equal monthly installments. Find the monthly payment. Use the formula L=PN, where L is the loan amount, P is the monthly payment, and N is the number of months.

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samiblasey samiblasey

14-11-2019

Answer:

6,000=125(48)

Step-by-step explanation:

6,000=loan amount

125=monthly payment

48=number of months

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