Question: The time line represents which payment scenario? $ 1 2 0 1 . 0 1 3 - 1 + $ 1 1 8 . 4

The time line represents which payment scenario?
$1201.013-1+$118.4i
$120(1.013)=$1168
51201013y-1+51153
51201017y-1=51138
$120(1013)-1=$1123
51201.013
a)6 monthly payments of $120 at 16% per year, compounded monthly
b)6 monthly payments of $120 at 1.3% per year, compounded annually
c)6 yearly payments of $120 at 1.3% per year, compounded annually
 The time line represents which payment scenario? $1201.013-1+$118.4i $120(1.013)=$1168 51201013y-1+51153 51201017y-1=51138

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