Answer:
22.34 
Step-by-step explanation:
The area of a circle:
A = π
The problem gives the diameter of a circle, which is equal to 2*r.
If 5 1/3 = 2*r, then the radius is (16/3)/2 = 8/3.
Plugging this into the area equation,
A = π*
A = 
or approximately 22.34
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:
3 is les than 3.58
Step-by-step explanation:
3 is less than 3.58
Answer:
C
Step-by-step explanation:
