Question

Financial Math
What’s the answer??
[No guessing]

Answer 1

In the given formula n is the number of years the loan is out for.

The answer would be C.

Answer 2

Answer:

$\boxed{\sf C}$

Step-by-step explanation:

The formula for the payment on a loan is given:

$\displaystyle P=PV \cdot \frac{i}{1-(1+i)^{-n}}$

n would represent the number of periods or years it will take to pay the loan back.