Answer:
$563.24
Step-by-step explanation:
The monthly payment on a mortgage loan is found using the amortization formula:
A = P(r/12)/(1 -(1 +r/12)^(-12t))
where A is the monthly payment on a loan of P at interest rate r for t years.
Filling in the given values, we find the payment to be ...
A = $70,000×(0.09/12)/(1 -(1 +0.09/12)^(-12·30)) ≈ $563.236
The monthly payment is about $563.24.
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<em>Additional comment</em>
Many graphing calculators and all spreadsheets have functions that will do this calculation for you.
Answer:
the last one
Step-by-step explanation:
plug in -2 for x and -3 for y
The value of the digit is 90
ANSWER
The radius is 25 inches
EXPLANATION
From the diagram, the radius of the circle is AC.
From the Pythagoras Theorem,
Simplify
Take positive square root,
Hence the radius is 25 inches
