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The Following Table Shows Your Monthly Payment P, in Dollars P=5193tP = \frac { 5193 } { t }

Question 95

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 { 5193 } { t }  B)   P = \frac { 51.93 \times 1.01 ^ { t } } { 1.01 ^ { t} - 1 }  C)   P = \frac { 5193 \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 { 5193 } { t }  B)   P = \frac { 51.93 \times 1.01 ^ { t } } { 1.01 ^ { t} - 1 }  C)   P = \frac { 5193 \times ( 1.01 )  ^ { t } } { t - 1.01 }   D)  None of the above

Which formula below fits these data?


A) P=5193tP = \frac { 5193 } { t }
B) P=51.93×1.01t1.01t1P = \frac { 51.93 \times 1.01 ^ { t } } { 1.01 ^ { t} - 1 }
C) P=5193×(1.01) tt1.01P = \frac { 5193 \times ( 1.01 ) ^ { t } } { t - 1.01 }

D) None of the above

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