The usual formula for finding the amount A of a monthly payment on principal amount P with annual interest rate r over t years is
... A = Pr/(12·(1 -(1+r/12)^(-12t)))
Filling in P=1000, r=.075, t=2, you get
... A = 45.00
The montly payment is $45.00.
_____
The given formula looks nothing like one used to compute the payment, nor is it anything like a formula used to compute interest on such a loan. We cannot figure out how to use it (or if it is even applicable) without knowing the definitions of the variables involved.
Answer:
it is per 1
Step-by-step explanation:
Answer:
vertical angle s
Step-by-step explanation:
cause the form a 180º angel
Answer:
7+28=35
Step-by-step explanation:
3/5 times 1100= 660
1100-660= 440
440 times .70 = 308
440-308= 132 fish were not bluegill or catfish