👤
IIZEROTWOIIIN
Answered

monthy payments of 1000 where interest is 6% compounded monthly​

Sagot :

FAIRYQININ

Answer:

940 on the first month

Step-by-step explanation:

Multiple the monthly payment to Interest by two decimal point(6%=.06)

(1000×.06=60)

add negative to sixty to made the results a non-negative(-60-1000=940)

In Studier: Other Questions