Solving expression 
we get 
Step-by-step explanation:
We need to solve the expression:
Solving:
Multiplying 5 with terms inside the bracket:
So, Solving expression we get
Keywords: Solving Expressions
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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
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Answer:
Q?
Step-by-step explanation:
Answer:
1) 80% 2)25%
Step-by-step explanation:
1)80% of $2.50 = $4.50
2)25% of $9 = $2.25
9 - 2.25 = $6.75
