True or false. The periodic payment R where and P is the loan amount and i is the interest per period that will amortize the loan at the end of the term comprising n periods.

Thank you for the opportunity to help you with your question!

FALSE

Reason

R(r) is the interest rate while P is the principal amount borrowed.

Secure Information

Content will be erased after question is completed.

Enter the email address associated with your account, and we will email you a link to reset your password.

Forgot your password?

Sign Up