Question content area top
Part
Suppose you want to borrow $ comma and you find a bank offering ayear loan with an APR of
a Find your regular payments if you pay nequals times a year.
b Compute the total payout for each of the loans in parta
c Compare the total payouts computed in partb
Question content area bottom
Part
a The payment for nequals would be $
enter your response here.
The payment for nequals would be $
enter your response here.
The payment for nequals would be $
enter your response here.
The payment for nequals would be $
enter your response here.
