You are given an annual interest rate of 4.2% compounded monthly for 20 years, mortgage amount of $235,000. You are asked to find the monthly payment. You need the compound interest formula to solve this problem. The answer is $1,449.
t + 23 > 1 subtract 23 from both sides
t + 23 - 23 > 1 - 23
t > -22
Ummm I think the answer is 9
Answer:
your answer would be 2 and 1/5 :) hope this helps
Step-by-step explanation:
-Rayne
Answer:
The last answer on your last image
Step-by-step explanation: