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: (-9, -3)
Step-by-step explanation:
A = (-3, -1)
A' = (-3, -1)*3 = (-9, -3)
The answer is 74 i think so
Answer:
a = $17.25
Step-by-step explanation:
let the money spend on the necklace be a
we have
15.75 +1.5*2 +a + 14 = 50
-> a = 50 -15.75 -3-14
-> a = $17.25
Answer:
h=3
Solving forh
h=3V
lw=3·600
10·60=3
Step-by-step explanation:
