Answer:
$550.97
Step-by-step explanation:
The amortization formula will tell you the payment amount.
A = P(r/12)/(1 -(1 +r/12)^(-12t))
where A is the monthly payment, P is the principal amount of the loan, r is the annual interest rate, t is the number of years. Using your values, this is ...
A = $12,000(0.095/12)/(1 -(1 +0.095/12)^(-12·2)) ≈ $550.97
The amount of Gerald's payment is $550.97.
Answer: 13
Step-by-step explanation:
The abscissa of the ordered pair, that is the x-coordinate, is equal to 1 and the ordinate, the y-coordinate, is equal to -1. In the cartesian plane, this point lies in the fourth (IV) quadrant. The standard position of the angle is that which has one of its side is in the x-axis.
Solve for the hypotenuse of the right triangle formed.
h = sqrt((-1)² + (1)²) = √2
Below items show the calculation for each of the trigonometric functions.
sin θ = opposite/hypotenuse = y/h = (-1)/(√2) = -√2/2
cos θ = adjacent/hypotenuse = x/h = (1)/√2 = √2/2
tan θ = opposite/adjacent = y/x = -1/1 = -1
