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:
48ft^2
Step-by-step explanation:
volume= length x width x height
8 x 3 x 2 = 48
The answer is y=6.00x+12.00,if i’m wrong then i’m so sorry
Answer:
<h2>n>8</h2>
Step-by-step explanation:
Step one:
given data
needed amount= $80
the amount already saved= $8
earnings per hour= $9
let the number of hours worked be n
and let y represent the total
the situation represented linearly is
y=mn+c
Step two:
substituting our data to find n
9n+8>80
9n>80-8
9n>72
divide both sides by 9
n>72/9
n>8
Therefore he must work a minimum of 8houees
Answer:
Micheal = Kevin - 334mm
Kevin > Ben > Micheal
so you add smthing less than 334mm to Micheal's distance that is not a negative number
