balance after 6 years = 50000(1.0075)^72-804.45(1.0075^72 - 6)/.0075= 9198.86
Balance owed at end of year 6 = 50000(1.0075)^72 - 804.45(1.0075^72 - 1)/.0075 = $9,198.86 Total repayment+ $67,574.13 based on $50,000 at 9% for 7 years. Is this correct? Thanks for your help
Could you please show me all the steps. I really need to understand this. there are 3 parts to be answered. I am so confused Thank you so much..
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finding endpoints dont quite understand it. M-LN if L coordinates are -3,-1 and M coordinates are 0,1
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