Calculate the monthly payments for a home mortgage of $98,000 with a fixed apr of 6.25% for 30 years.

We are given

PV=$98000

r=6.25%=0.0625

t=30 years

n=12

now, we can use mortage formula for monthly payment

now, we can plug our values

and we get

now, we can simplify it

and we get

so,

monthly payment is $603.40..........Answer

muyb ajo

step-by-step explanation:

jegosu

p ÷ r = tan(x)

step-by-step explanation:

given that there is a figure below shows a right triangle: a right triangle is shown with hypotenuse equal to q units and the length of the legs equal to p units and r units.

graph is missing so i will create the graph as per given information.

the angle between the legs having lengths p units and q units is y degrees. the angle between the legs having lengths r units and q units is x degrees.

now we need to find about what is p ÷ r equal to.

so we can use trigonometric ratio tan(x)=[altitude]/[base] to find the value of p ÷ r, because p is the altitude and r is the base.

p ÷ r=tan(x)

hence final answer is p ÷ r=tan(x).