a) For principal amount P, interest rate r, and number of years t, the amortization formula for the monthly payment A is ...
... A = P(r/12)/(1 -(1 +r/12)^(-12t))
... A = 22500·(0.06/12)/(1 -(1 +0.06/12)^(-12·20)) ≈ 161.20
The monthly payment is $161.20.
b) After 240 payments, the amount repaid is
... $161.20·240 = $38,688
c) (22500/38688)·100% = 58.2% is paid toward principal
The remaining amount, 41.8% is paid toward interest.
To simplify the fraction, we need to rationalize the denominator by multiplying the numerator and denominator by the conjugate.
The conjugate is the same thing as the denominator with a plus sign instead of a minus sign.
(sqrt(2) + start(5))^2/((sqrt(2) - start(5))(sqrt(2) + start(5)))
FOIL the top and bottom.
The answer is -(7+2sqrt(10))/3
Answer:
3x+4<13
3x<9
x<3
hope this helps
have a good day :)
Step-by-step explanation:
The answer is C.) m∠1+m∠2=m∠2+m∠3
Answer:
2/3 + 1/5 = 13/15
Step-by-step explanation: