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:
its a geometric sequence where each term is 3 times the previous term.
Step-by-step explanation:
{2,6,18,54,162,486,1458...}
Answer: 300 ml
Step-by-step explanation:
First and foremost, we should note that:
1000 milliliters = 1 liter
Therefore, 2.1 liters = 2.1 × 1000 = 2100 millimeters.
Therefore, since the liters of water is divided into 7 containers, the vlaue in each container will be:
= 2100 millimeters / 7
= 300 millimeters
Answer:
-The scale drawing represents a reduction
-each side of the original is 22 in long
-the scale drawing is proportional to the original
Step-by-step explanation:
Answer:
39 
Step-by-step explanation:
4
× 8
= 39