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In any right triangle, the sine of an angle x is the length of the opposite side (O) divided by the length of the hypotenuse (H). In a formula, it is written as 'sin' without the 'e':
A square is always a rectangle but a rectangle is not always a square. Which of the following characteristics are shared by a sq
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Using it's formula, it is found that the monthly payments for the loan of the apartment is of $7,260.50.
<h3>What is the monthly payment formula?</h3>It is given by:
In which:
- P is the initial amount.
- r is the interest rate.
- n is the number of payments.
In this problem, the parameters are given as follows:
P = 500000, r = 0.123, n = 12 x 10 = 120.
Hence:
r/12 = 0.123/12 = 0.01025.
Then, the monthly payments will be of:
A = 7260.50.
More can be learned about the monthly payment formula at brainly.com/question/26267630
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