Answer: 1. the negative of the conclusion is true
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
Answer:
B
Step-by-step explanation:
0.25 = 1/4 = 5/20
0.35 = 35/100 = 7/20
5/20 + 7/20 = 12/20 = 6/10 = 3/5
Answer:
Because anything divided by 0 is undefined. For example, 7/0 is undefined because 7 is being divided by 0 and that cant happen.
Hello :
<span>tan θ = -√3
sin</span>θ = √3/2 1/2
cosθ = -1/2