Find the payment necessary to amortize the loan.
-$12,800; 12% compounded monthly; 48 monthly payments
A) $1542.69
B) $337.31
C) $331.71
D) $337.07

Name: Find the payment necessary to amortize the loan. -$12,800; 12% compounded monthly; 48 monthly payments A) $1542.69 B) $337.31 C) $331.71 D) $337.07
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The Answer of Find the payment necessary to amortize the loan.
-$12,800; 12% compounded monthly; 48 monthly payments
A) $1542.69
B) $337.31
C) $331.71
D) $337.07

Find the Payment Necessary to Amortize the Loan