Answer:
$563.24
Step-by-step explanation:
The monthly payment on a mortgage loan is found using the amortization formula:
A = P(r/12)/(1 -(1 +r/12)^(-12t))
where A is the monthly payment on a loan of P at interest rate r for t years.
Filling in the given values, we find the payment to be ...
A = $70,000×(0.09/12)/(1 -(1 +0.09/12)^(-12·30)) ≈ $563.236
The monthly payment is about $563.24.
_____
<em>Additional comment</em>
Many graphing calculators and all spreadsheets have functions that will do this calculation for you.
The angles that share the same tangent value as of tan 45 degrees would be in Quadrant III. This is because in this quadrant the ratios would equal a positive value, which is the same as in the first quadrant, also positive. Tan 45 = 1.
We would need both the x and the y values be either both positive or negative to get a positive final value.
25 coconuts were in the originalpile the first sailor gave one of them to the monkeys and took 1/3 of the 24th equals eight which left 16 the second sailor gave one to the monkey and took 1/3 of 15 then all three sailors took two more each
