A ____ is an amount of decrease in price.
2 answers:
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Using it's formula, it is found that the monthly payments for the loan of the apartment is of $7,260.50.
<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.
In this problem, the parameters are given as follows:
P = 500000, r = 0.123, n = 12 x 10 = 120.
Hence:
r/12 = 0.123/12 = 0.01025.
Then, the monthly payments will be of:
A = 7260.50.
More can be learned about the monthly payment formula at brainly.com/question/26267630
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61.23 square inches of metal is needed to create a cylindrical can.
Solution:
Diameter of the base = 3 in
Radius of the base = 3 ÷ 2 = 1.5 in
Height of the cylinder = 5 in
The value of π = 3.14
<u>To find the surface area of the cylinder:</u>
Surface area of the cylinder =
= 2 × 3.14 × (1.5)² + 2 × 3.14 × 1.5 × 5
= 14.13 + 47.1
Surface area of the cylinder = 61.23 sq. in
Hence 61.23 square inches of metal is needed to create a cylindrical can.