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RSB [31]
4 years ago
5

What is the monthly payment for a $20,230 loan at 11.5 percent for 20 years?

Mathematics
1 answer:
yKpoI14uk [10]4 years ago
4 0
The main formula is 
M= P (i(1+i)^n) / <span>(1+i)^n) - 1
M: monthly payment
P: mortgage principale= </span><span> $20,230
i=montly interest, 11.5%=11.5/100=0.115, i= 0.115/12=0.009
n=number of months=12x20(years)=240 months

M= </span>$20,230(0.009(1.009)^240) / (1.009)^240-1=<span>$20,230 x 0.0077 / 8.58-1
M=$20.57

</span>
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Find the slope of the line that passes through the pair of points listed below.<br> (-2, -3), (6,5)
antoniya [11.8K]

Finding the slope using two points:

The formula for slope is

\frac{y_{2}-y_{1}}{x_{2}-x_{1}}

In this case...

y_{2} =5\\y_{1} =-3\\x_{2} =6\\x_{1} =-2

^^^Plug these numbers into the formula for slope...

\frac{5-(-3)}{6 - (-2)}

\frac{8}{8}

1

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Hope this helped!

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3 years ago
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pychu [463]

Answer:

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JulsSmile [24]

Answer:

Step-by-step explanation:

Let x = third side

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4 0
3 years ago
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ss7ja [257]

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<h2>no real solution</h2>

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4 years ago
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neonofarm [45]
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3 years ago
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