1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
nikklg [1K]
3 years ago
8

Use a formula to find the monthly payment on a home mortgage of $84,400 at 4.884% interest for 15 years.

Mathematics
1 answer:
leonid [27]3 years ago
6 0
The applicable formula is
  A = P(r/12)/(1 -(1+r/12)^(-12n))
where P is the principal amount,
r is the annual interest rate (compounded monthly), and
n is the number of years.

Using the formula, we find
  A = 84,400*(0.04884/12)/(1 -(1+0.04884/12)^(-12*15))
  = 84,400*0.00407/(1 -1.00407^-180)
  = 343.508/0.518627
  ≈ 662.34

The monthly payment on a mortgage of $84,400 for 15 years at 4.884% will be
  $662.34
You might be interested in
Express each in cubic metres:(a)600litres​
OverLord2011 [107]
It will be 600 cubic meters because cubic meters and liters are equal same goes with cubic centimeters and milliliter
5 0
3 years ago
Find the surface area of the pyramid. The side lengths of the base are equal.
alexdok [17]

Answer:

362.02

Step-by-step explanation:

8 0
3 years ago
Se vendieron un total de 297 boletos para la obra de teatro escolar. Los boletos eran o de adulto o de estudiante. El número de
aev [14]

Answer: x boletos de adulto

2x boletos de estudiante

x+2x=288

3x=288

x=288/3

x=96

adulto =96

estudiante 2*96=192

96+192=288

Step-by-step explanation: 96 y 192

4 0
3 years ago
For the real-valued functions f(x)=2x+3 and g(x)=√x-5, find the composition fog and specify its domain using interval notation.
Burka [1]

Find fog

  • fog(x)
  • f(g(x))
  • f(√x-5)
  • 2√(x-5)+3

For real range the domain

  • x-5≥0
  • x≥5

Domain is [5,oo)

7 0
2 years ago
Write as a numerical expression: “ Six less than twice a number is four “
VladimirAG [237]

Answer:

2x - 6 = 4

Step-by-step explanation:

Firstly, let's assume the number is x

Then, twice the number is 2 times x = 2x

6 less than twice the number is four

2x - 6 = 4

2x - 6 + 6 = 4 + 6

2x = 10

2x/2 = 10/2

x = 5

6 0
3 years ago
Other questions:
  • Can anyone help with this?
    14·1 answer
  • Gustion1
    7·1 answer
  • What is the volume of a box 24 1/4 inches long 18 inches wide and 24 inches tall
    8·1 answer
  • Explain how the value of the 7 in 327 ,902 will change if you move it to the 1ens place
    6·1 answer
  • Can someone help and explain for me please
    11·1 answer
  • Which is an equation of the line with a slope of 1/4 and a y-intercept of -2
    11·1 answer
  • What is value of x for which the equation 9^-6 x 9^x = 1
    7·2 answers
  • . An Olympic runner completed a 100-meter race with a time of 12.5 seconds. What was her average speed?
    14·1 answer
  • What is the surface area of the cube, in square inches?
    12·1 answer
  • Without using a calculator convert the decimal into a fraction<br> 0. 75
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!