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Which of these expressions can be hard to calculate the monthly payment for a 20 year loan for $170000 at 12.6% interest compounded monthly?
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5 votes
Which of these expressions can be hard to calculate the monthly payment for a 20 year loan for $170000 at 12.6% interest compounded monthly?

User Xihuny
by
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1 Answer

5 votes

Answer:

170000x0.0105(1+0.0105)^240/(1+0.0105)^240-1

Explanation:

got it

right

User Kadepeay
by
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