document.write( "Question 1184821: Is it 405? I want to check my answer.\r
\n" ); document.write( "\n" ); document.write( "Maricela was recently approved for an $18,000 loan for 5 years at an interest rate of 6.2%. Use the monthly payment formula to complete the statement.\r
\n" ); document.write( "\n" ); document.write( "M = monthly payment
\n" ); document.write( "P = principal
\n" ); document.write( "r = interest rate
\n" ); document.write( "t = number of years\r
\n" ); document.write( "\n" ); document.write( "The question is provided in the link here:: https://i.imgur.com/uY0kP9W.png
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Algebra.Com's Answer #815454 by MathLover1(20849)\"\" \"About 
You can put this solution on YOUR website!
\r
\n" ); document.write( "\n" ); document.write( "given:\r
\n" ); document.write( "\n" ); document.write( "\"P=18000\"
\n" ); document.write( "\"r=0.062\"
\n" ); document.write( "\"t=5\" years\r
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\n" ); document.write( "\n" ); document.write( "\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "\"M=349.67\"
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