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.
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<em>Additional comment</em>
Many graphing calculators and all spreadsheets have functions that will do this calculation for you.
Y = 12% = 0.12
y = 100(0.05) + x(0.2) / 100 + x
0.12 = 5 + 0.2x / 100 + x
0.12( 100 + x ) = 5 + 0.2x
12 + 0.12x = 5 + 0.2x
7 = 0.08x
x = 87.5
hope this help
F(X)= x+1/4x-2
f(2) = (2 + 1)/[(4)(2) - 2]
f(2) = 3/6 = 1/2
It will take 148
hours (In decimal form its 148.66336633)
500500-200200=300300
300300÷2020=148.66336633
<u>answers to 1 - 4:</u>
1.<em> </em><em>GCF: </em>2
2. <em>GCF:</em> 3
3. <em>GCF : </em>7
4.<em> GCF:</em> 3