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Bradley entered the following group of values into the TVM Solver of his
graphing calculator. N = 36; 1% = 0.8; PV =; PMT = -350; FV = 0; P/Y = 12; C/Y
= 12; PMT:END. Which of these problems could he be trying to solve?
O
A. A person can afford a $350-per-month loan payment. If she is
being offered a 36-year loan with an APR of 9.6%, compounded
monthly, what is the most money that she can borrow?
O
B. A person can afford a $350-per-month loan payment. If she is
being offered a 3-year loan with an APR of 9.6%, compounded
monthly, what is the most money that she can borrow?
O
C. A person can afford a $350-per-month loan payment. If she is
being offered a 3-year loan with an APR of 0.8%, compounded
monthly, what is the most money that she can borrow?
D. A person can afford a $350-per-month loan payment. If she is
being offered a 36-year loan with an APR of 0.8%, compounded

Respuesta :

3 year, 0.8% apex

Step-by-step explanation:

Answer:

The answer is C

Step-by-step explanation:

A person can afford a $350-per-month loan payment. If she is

being offered a 3-year loan with an APR of 0.8%.

I hope these helps, please give brainliest if it does.

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