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:
Step-by-step explanation:
new height is ¼ of original height
new width = ¼×8 = 2 inches
Keep adding by the same value everytime so start with 10,000 then add 20,000 etc
Answer: So if you want to find the total cost (c) for a certain number of months (m) and it costs $35 per month, you just need to multiply the number of months by the cost per month. So
35m=c
If you want to see the units cancel
($35/month)(months)=$
The months will cancel out, and you will be left with total dollars.
Not sure about the second part of your question, but if you wanted to figure out how much it would cost to be a member for 6 months, you would just plug in 6 for m.
35(6)=c
c=210
So $210
Step-by-step explanation:
Answer:
C.
15 votes
Step-by-step explanation:
B= votes Billy got
K = votes Keeton got
B = 3K
B+K =20
Substitute the first equation into the second equation
3K + K =20
Combine like terms
4K =20
Divide both sides by 4
4K/4 = 20/4
K =5
Keeton got 5 votes
B = 3*K
B = 3*5
B = 15 votes
Billy got 15 votes