Question 15 (1 point)
1 answer:
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Using it's formula, it is found that the monthly payment should be of $688.49 in order to pay off the debt in 15 years.
<h3>What is the monthly payment formula?</h3>It is given by:
In which:
- P is the initial amount.
- r is the interest rate.
- n is the number of payments.
For this problem, the parameters are given as follows:
A = 90000, r = 0.045, n = 15 x 12 = 180.
Hence:
r/12 = 0.045/12 = 0.00375.
Then we solve for A to find the monthly payment, as follows.
A = $688.49
More can be learned about the monthly payment formula at brainly.com/question/22846480
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Answer:
13
Step-by-step explanation:
Since this is a right triangle, we can use the Pythagorean Theorem
where<em> a</em> and <em>b</em> are the legs and <em>c</em> is the hypotenuse.
We know that the legs are 5 and 12. We also know the hypotenuse is x, or unknown.
Substitute 5 in for <em>a</em>, 12 for <em>b, </em>and x for <em>c.</em>
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Evaluate the exponents.
5^2 is the same as 5*5, which is 25.
12^2 is the same as 12*12, which is 144.
Add 25 and 144
We are trying to find out what <em>x</em> is. In order to do this, we have to get <em>x</em> alone. Since x is being squared, take the square root of both sides. The exponent and square root will cancel, leaving x by itself.
The hypotenuse is 13.