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
15w
the answer is 15 w.
add 9+1+5
I think the answer is going to be a
It would be 12.5 square miles I would appreciate the Brainliest
Answer:
! means factorial . For example 3! (factorial 3) = 3*2*1 = 6
Answer to 14C3 is 364
Step-by-step explanation:
14! = 14*13*12*11*10*9*8*7*6*5*4*3*2*1
14C3 = 14*13*12*11*10*9*8*7*6*5*4*3*2*1 / 3*2*1 * 11*10*9*8*7*6*5*4*3*2*1
= (14*13*12) / 3*2*1
= 14*13*2
= 364
