Answer:
The monthly payment for the loan amount for 20 years is $806.167
Step-by-step explanation:
The principal loan amount= $ 50,000
The rate of interest = 7 %
the time period of loan = 20 years = 20 × 12 = 240 months
let the amount after 20 years = $ A
<u>From Compounded method</u>
Amount = Principal × 
or, A = 50,000 × 
or, A = 50,000 × 
Or, A = 50,000 × 3.8696
∴ Amount = $ 193,480
So, The amount after 20 years = $ 193,480
The monthly payment amount = $
= $ 806.167
Hence The monthly payment for the loan amount for 20 years is $806.167 Answer
The answer would be 24,300,000 people living in Nepal.
Vertical asymptotes ares found where the function is undefined. f(x) is undefined when the denominator equals zero:
x^2-1=0
<em>*Add 1 to both sides*</em>
x^2=1
<em>*Take the square root of both sides*</em>
x=+/-1
There are vertical asymptotes at x=-1 and x=1.
Hope this helps!!
Answer:
Lisa’s
Step-by-step explanation:
Ratio- Tall:Short
Lisa’s Class- 24:12
Paul’s Class- 15:20