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
Do a mental sum for 6 x 200 (1200) then subtract 6<span>x 2 (12) to give you 1188.</span>
Answer:
$1820
Step-by-step explanation:
35 x 52 = $1820
Answer:
3.27
Step-by-step explanation:
Hope it helps!!!
We are given the following information:
<em />
<em>each person uses 3/8 a box</em>
<em>there are 6 boxes</em>
Because each box is
, and there are 6 boxes, we know that 1 person is
, or
.
In order to find how many people can use the 6 boxes, we can divide it by 3 (for each use):
48 / 3 = 16
Therefore, 16 people can share the worms.
<em>Hope this helps! :)</em>