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a . If Dave had borrowed $ 4 0 0 for one year at an APR of 5 percent, compounded monthly, what would have been
a If Dave had borrowed $ for one year at an APR of percent, compounded monthly, what would have been his monthly loan payment? Do not round your intermediate calculations. Round your final answer to decimal places. Omit the $ sign in your response. PMT $ b What would have been the breakdown between interest and principal of the fifth payment? Do not round your intermediate calculations. Round your final answers to decimal places. Omit the $ sign in your response. tableInterest$
a If Dave had borrowed $ for one year at an APR of percent, compounded monthly, what would have been his monthly loan payment? Do not round your intermediate calculations. Round your final answer to decimal places. Omit the $ sign in your response.
PMT
$
b What would have been the breakdown between interest and principal of the fifth payment? Do not round your intermediate calculations. Round your final answers to decimal places. Omit the $ sign in your response.
tableInterest$
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