Use an amortization table to solve the problem. Round to the nearest cent.You have agreed to pay off a $8,000 loan in 30 monthly payments of $298.79 per month. The interest rate of the loan is 0.75% per month on the unpaid balance. What is the unpaid balance after 12 monthly payments have been made?

Fill in the blank(s) with the appropriate word(s).


$5,013.45

Mathematics

You might also like to view...

Solve the problem.Suppose that the dollar cost of producing x radios is  Find the marginal cost when 40 radios are produced.

A. $14 B. $1480 C. -$1480 D. $46

Mathematics

Round the amount to the nearest cent.$8.1449

A. $8.145 B. $8.24 C. $8.14 D. $8.13

Mathematics

Solve the inequality symbolically. Express the solution set in interval notation. < 

A. (-?, )
B. (, ?)
C. (-?, )
D. (, ?)

Mathematics

Find f-1(x).f(x) = x3 - 3

A. No inverse function exists.
B. f-1(x) = 
C. f-1(x) =  + 3
D. f-1(x) = 

Mathematics