Question: Calculus Help : ( with the last two ) The table shows monthly payments on a $ 1 0 0 0 loan. The table shows
Calculus Help : with the last two The table shows monthly payments on a $ loan. The table shows monthly payments on a $ loan.
Monthly Payments dollars per $ Loan
a Is it possible to find a crosssectional model for monthly payments for a month loan?
Yes
No
If so would this cross section be represented by a row or a column of the table?
row
column
It is not possible to find a crosssectional model.
&
b Is it possible to find a crosssectional model for monthly payments for a loan at
Yes
No
If so would this cross section be represented by a row or a column of the table?
row
column
It is not possible to find a crosssectional model.
terms of with all numerical values rounded to three decimal places.
dollars gives the monthly payment on a $ loan with an interest rate of where months is the repayment period and
Use the full, unrounded, model to estimate the monthly payments for a month loan at Round your answer to the nearest cent.
$
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