Which is equivalent to 3log28 + 4log212 − log32?
1 answer:
You might be interested in
Answer:
Velidas monthly mortgage payment will be $828.31
Step-by-step explanation:
From the information given:
The cost of mortgage = $150,000
Monthly interest rate = 5.25%/12= 0.0525/12 = 0.004375
Amortization period = (30 × 12) months = 360 months
The monthly mortgage payment can be determined by using the formula:
E = $828.31