Answer:
Annual payument (PMT)= $1,663.19
Step-by-step explanation:
Giving the following information:
Loan (PV)= $250,000
Monthly interest rate (i)= 0.07/12= 0.005833
Number of periods (n)= 12*30= 360 months
<u>To calculate the monthly payment, we need to use the following formula:</u>
Annual payument (PMT)= (PV*i) / [1 - (1+i)^(-n)]
Annual payument (PMT)= (250,000*0.005833) / [1 - (1.005833^-360)]
Annual payument (PMT)= $1,663.19
the answer to this question (-2,3)
Answer: the answer is 164025
Step-by-step explanation:
If it's got the symbol: "=" in it, then it's an education
Step-by-step explanation:
The difference of number p and 2 is at least 5
means
p - 2 ≥ 5
then
p ≥ 7
