37 and 1/2 could mean:
37+ (1/2)
37 times 1/2
37+1/2=37 and 1/2 or 37.5
37 times 1/2=37/2=18 and 1/2=18.5
Find the square root of 13, which is 3.6
Answer:
$1516.69 per month less
Step-by-step explanation:
The formula for the monthly payment A on a loan of principal P, annual rate r, for t years is ...
A = P(r/12)/(1 -(1 +r/12)^(-12t))
For the 18.5% loan, the monthly payment is ...
A = 150000(.185/12)/(1 -(1 +.185/12)^(-12·30)) ≈ 2321.92
For the 5% loan, the monthly payment is ...
A = 150000(.05/12)/(1 -(1 +.05/12)^-360) ≈ 805.23
The mortgage at 5% would be $1516.69 less per month.
Answer:
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hey
Step-by-step explanation:
Answer:
it's virtually impossible to calculate by hand. just look up a standard deviation calculator it'll give you the answer once you plug your numbers in for a population or sample
