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Heather is applying for a small business loan in the amount of $5,000 to repaid.over 18 months the loan carries an animal interest rate of 3.75% which formula should Heather put into the emotion spreadsheet in order to determine the monthly payment for the loan.

Heather is applying for a small business loan in the amount of $5,000 to repaid.over-example-1

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Loan amount is 5,000

Time is 18 months

Anual interest is 3.75%

Answer:

Third option

Heather is applying for a small business loan in the amount of $5,000 to repaid.over-example-1
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