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cluponka [151]
3 years ago
11

You can afford a $1150 per month mortgage payment. You've found a 30 year loan at 8: interest compounded monthly. a) How big of

a loan can you afford?​
Mathematics
1 answer:
jarptica [38.1K]3 years ago
3 0

Answer:

PV= Max Loan amount = PMT*B(i,T) and PMT = 1200. Calculate B(i,T) = B(6%/12, 360)

=(12/.06)(1-(1/(1.005))360)  I will let you complete the calculation

Step-by-step explanation:

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4 years ago
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3 years ago
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Lorico [155]
2 + 2m = 6 equals m = 2.

First, 
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The length of Peter's rectangular living room is 6 meters and the distance between opposite corners is 7 meters. What is the wid
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Answer:

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Step-by-step explanation:

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