Thursday

November 20, 2014

November 20, 2014

Posted by **Math** on Tuesday, September 25, 2012 at 10:11am.

- Geometric Prorgession -
**Reiny**, Tuesday, September 25, 2012 at 1:26pmlet the payment be p

then i = .11/12 = .009166..

500 = p(1 - 1.0091666..^-24)/.0091666..

You do the button-pushing

**Answer this Question**

**Related Questions**

math - gail borrowed $3600 from a bank to buy a washing machine she pays back ...

FINANCE - Now that they have accumulated a deposit of 55,000 Jack and Jill take ...

Homework Check - 1.)In a(n) _________ , simple interest is added on to the ...

accounting - If you decide to buy a car for $17,500 and get $2,500 on a trade-in...

college math - A $8700 personal loan at 5.5% compounded monthly is to be repaid ...

college math - A $8700 personal loan at 5.5% compounded monthly is to be repaid ...

Math - Richard borrowed 180000 dollars from his bank to help finance the ...

Maths - Firm has a $500,000 loan with 9% APR (compounded monthly) Loan is 5-yr ...

econ - You borrow $20,000 from a bank to be repaid in monthly installments for 3...

Mathematics of Finance - Richard borrowed 170000 dollars from his bank to help ...