The answer to the question
$3.20
2.99 • 7% = 0.2093
2.99 + 0.2093 = 3.20
Answer:
2
Step-by-step explanation:
Subtract-4 from 6
Answer:
Steps below:)
Step-by-step explanation:
1. Find the mortgage amount.
2. Choose a interest rate on your mortgage.
3. Choose a mortgage term that is the median for your financial needs.
4. Calculate the monthly principal and interest payment using a financial calculator, a spreadsheet program such as Excel or an online mortgage calculator.
5. Determine the monthly amount you will pay into escrow each for payment of your property taxes.
Answer:
$315.24
Step-by-step explanation:
Principal, P =$262
Rate, r= 3.7% =0.037
Time, t= 5 Years
The Value of the Investment which is compounded continuously is gotten using the formula:

The value of the investment after 5 years is $315.24 to the nearest cent.