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The Following Table Shows Your Monthly Payment P, in Dollars p=5097tp = \frac { 5097 } { t }

Question 65

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 { 5097 } { t }  B)   P = \frac { 50.97 \times 1.01 ^ { t } } { 1.01 ^ { 2 } - 1 }  C)   P = \frac { 5097 \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 { 5097 } { t }  B)   P = \frac { 50.97 \times 1.01 ^ { t } } { 1.01 ^ { 2 } - 1 }  C)   P = \frac { 5097 \times ( 1.01 )  ^ { t } } { t - 1.01 }  D)  None of the above

Which formula below fits these data?


A) p=5097tp = \frac { 5097 } { t }
B) P=50.97×1.01t1.0121P = \frac { 50.97 \times 1.01 ^ { t } } { 1.01 ^ { 2 } - 1 }
C) P=5097×(1.01) tt1.01P = \frac { 5097 \times ( 1.01 ) ^ { t } } { t - 1.01 }
D) None of the above

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