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
Answer:
5
Step-by-step explanation:
Remember, the rank of a matrix is the number of pivots or number of rows different of zero in the echelon form of the matrix.
Then, if A is a matrix
the maximum number of pivots that can have is one by row, that is, 5.
Then the maximum rank that A can have is 5.
Answer:
So I'm not entirely sure about this one, but I believe he gained 0.21 pounds each day for 30 days
Step-by-step explanation:
Since Cam was born weighing 8.6 pounds and after 30 days weighed 14.9, subtract 14.9-8.6 to find how much he gained.
14.9 - 8.6 = 6.3
Now that we know how much he gained, we have to find out how much he gained per day for 30 days. To do this, divide 6.3 by 30
6.3 / 30 = 0.21
To make sure this answer is correct, multiply 0.21 by 30 and add that to 8.6. It should equal 14.9.
I hope this helps!
2 is less than is greater than or equal to 4 and less than or equal to 9.
Answer:
Range
Step-by-step explanation:
The range of a given set of data is the difference between the largest value and the smallest value in the data. For convenience and ease in the calculation, it is advisable to place the data in ascending order.
For example, given the following set of data:
4,9,5,6,2
To find the range;
<em>=> First arrange the data in ascending order</em>
2,4,5,6,9
<em>=> Find the smallest and largest numbers and then find their difference.</em>
Since the data has been arranged, it is obvious to see that the smallest number is <em>2</em> and the largest number is <em>9.</em>
Therefore the;
range = 9 -2 = 7