Solve the Equation. -

question 344

Multiple Choice

Solve the equation.
-

• A){9, -3}
• B){3, -9}
• C){3}
• D)no solution

---

Definitions:

Equal Payments

Periodic payments of the same amount over the tenure of a loan or mortgage, covering both principal and interest.

Present Value

The contemporary financial worth of a looming sum of money or sequence of cash flows, with a specific rate of return in mind.

Annuity's Payments

Regular fixed payments from an annuity contract, typically made to the holder for life or a specified period.

Mortgage Loan

A loan secured by the collateral of specified real estate property, which the borrower is obliged to pay back with a predetermined set of payments.