Answer:
71
Step-by-step explanation:
Using it's formula, it is found that the monthly payments for the loan of the apartment is of $7,260.50.
<h3>What is the monthly payment formula?</h3>
It is given by:
In which:
- n is the number of payments.
In this problem, the parameters are given as follows:
P = 500000, r = 0.123, n = 12 x 10 = 120.
Hence:
r/12 = 0.123/12 = 0.01025.
Then, the monthly payments will be of:
A = 7260.50.
More can be learned about the monthly payment formula at brainly.com/question/26267630
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Answer:To make a profit and pay operating expenses, banks typically charge for the services they provide. When a bank lends you money, it charges interest on the loan. Even fee-free checking and savings accounts have some fees. ...
Step-by-step explanation:
Math Find the Distance Between Two Points (3,4) , (-2,1)
(
3
,
4
)
(
3
,
4
)
,
(
−
2
,
1
)
(
-
2
,
1
)
Use the distance formula to determine the distance between the two points.
Distance
=
√
(
x
2
−
x
1
)
2
+
(
y
2
−
y
1
)
2
Distance
=
(
x
2
-
x
1
)
2
+
(
y
2
-
y
1
)
2
Substitute the actual values of the points into the distance formula.
√
(
(
−
2
)
−
3
)
2
+
(
1
−
4
)
2
(
(
-
2
)
-
3
)
2
+
(
1
-
4
)
2
Simplify.
Tap for more steps...
√
34
34
The result can be shown in multiple forms.
Exact Form:
√
34
34
Decimal Form:
5.83095189
…