document.write( "Question 840571: find monthly payment on a 5year loan of 4500 at an annual interest rate of 6.5% \n" ); document.write( "
Algebra.Com's Answer #506309 by Phillips54(20)![]() ![]() You can put this solution on YOUR website! Use cross multiplication... \n" ); document.write( "5/4500=6.5/x \n" ); document.write( "4500*6.5=29250 \n" ); document.write( "29250/5=5850 \n" ); document.write( "after 5 years with an interest rate of 6.5, will be 5850. \n" ); document.write( " |