Solve the problem.If a principle of P dollars is amortized over a period of t years, and payments are made each 
th of a year, with an annual interest rate of r (as a decimal), the payment p that must be made is given by the formula 
. Suppose $8200 is amortized over 5 years with an interest rate of 
. What is the monthly payment on this loan?
A. $40.99
B. -$105.65
C. $17,301.78
D. $173.02
Answer: D
Mathematics
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- 2i 
A. 
B. 
C. 
D. 
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Provide an appropriate response.Is it true that in order to multiply a number by a negative power of ten, you must move the decimal point to the left as many places as indicated by the absolute value of the exponent on the ten?
A. Yes B. No
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Mathematics