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rjkz [21]
3 years ago
13

What is the monthly payment for $280000 mortgage with an interest of 6% compounded monthly for 20 years?

Mathematics
1 answer:
Snezhnost [94]3 years ago
4 0
The formula of the present value of an annuity ordinary is
Pv=pmt [(1-(1+r/k)^(-kn))÷(r/k)]
Pv present value 280000
PMT monthly payment?
R interest rate 0.06
K compounded monthly 12
N time 20 years
Solve the formula for PMT
PMT=pv÷[(1-(1+r/k)^(-kn))÷(r/k)]
PMT=280,000÷((1−(1+0.06÷12)^(
−12×20))÷(0.06÷12))
=2,006.01
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Is the expression 9 divided by 4 the same as 1/9 x 1/4
Alborosie

Answer: They are not the same.

Step-by-step explanation:

9 divided by 4 = 2.25 = 2 1/4

1/9 * 1/4 = 1/36

1/36 = 0.027...

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Which sign makes the statement true? (3 × 7) 21 = 1
Aleksandr-060686 [28]

The sign that would make the statement true is the division sign which would then make the full expression, (3 × 7) ÷ 21 = 1.

<h3>How to find the sign?</h3>

The statement given is (3 × 7) 21 = 1. There is therefore a need to find the sign that would be between the brackets and "21" which would lead to the answer being 1.

The brackets have to be solved first according to the PEMDAS rule which calls for parenthesis being solved first.

Solving the expression in the brackets gives:

= 3 x 7

= 21

We therefore need a sign that when related to 21 would give the result, 1.

The only sign that can relate 21 to 21 such that the answer would be 1, is division:
= 21 / 21

= 1

In conclusion, the sign that would make the statement true is a division sign.

Find out more on mathematical signs at brainly.com/question/24034494

#SPJ1

8 0
10 months ago
NEED HELP ,,,,,,, HELP IF U CAN ASAP
kramer

Answer:

$24.84

Step-by-step explanation:

i did the work lol

give brainliest please

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3 years ago
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