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:
y = -2(x + 1)^2 + 8
Step-by-step explanation:
The equation of a parabola can be written in the form;
y = a(x-h)^2 + k
where a is the multiplier (h,k) is the vertex
so h = -1 and k = 8
Plug in these values
y = a(x + 1)^2 + 8
So to get the value of a, we use the point where the parabola passes through which is the point (1,0)
Simply substitute the values of x and y
0 = a(1 + 1)^2 + 8
0 = a(2)^2 + 8
-8 = 4a
a = -8/4
a = -2
So therefore the equation of the parabola is ;
y = -2(x + 1)^2 + 8
Answer:
14.25
Step-by-step explanation:
85.50 devided by 6 = 14.25
Answer:
3 7/12
Step-by-step explanation:
There are 12 inches in 1 feet. So 43 inches would be 43/12=3 7/12 feet.
