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The Following Table Shows Your Monthly Payment P, in Dollars P=5099tP = \frac { 5099 } { t }

Question 64

Multiple Choice

The following table shows your monthly payment P, in dollars, if you pay off a loan in  The following table shows your monthly payment P, in dollars, if you pay off a loan in   months.    Which formula below fits these data? A)   P = \frac { 5099 } { t }  B)   P = \frac { 50.99 \times 1.01 ^ {t } } { 1.01 ^ { t } - 1 }  C)   P = \frac { 5099 \times ( 1.01 )  ^ { t } } { t - 1.01 }  D)  None of the above  months.  The following table shows your monthly payment P, in dollars, if you pay off a loan in   months.    Which formula below fits these data? A)   P = \frac { 5099 } { t }  B)   P = \frac { 50.99 \times 1.01 ^ {t } } { 1.01 ^ { t } - 1 }  C)   P = \frac { 5099 \times ( 1.01 )  ^ { t } } { t - 1.01 }  D)  None of the above

Which formula below fits these data?


A) P=5099tP = \frac { 5099 } { t }
B) P=50.99×1.01t1.01t1P = \frac { 50.99 \times 1.01 ^ {t } } { 1.01 ^ { t } - 1 }
C) P=5099×(1.01) tt1.01P = \frac { 5099 \times ( 1.01 ) ^ { t } } { t - 1.01 }
D) None of the above

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