Mathematics
Mathematics, 16.04.2021 19:30, mercydiaz84

Mila is looking to take out a mortgage for \$730,000$730,000 from a bank offering a monthly interest rate of 0.325%. Using the formula below, determine her monthly payment, to the nearest dollar, if the loan is taken over 20 years. M=\frac{Pr(1+r)^n}{(1+r)^n-1}
M=
(1+r)
n
βˆ’1
Pr(1+r)
n

​

M=M= the monthly payment
P=P= the amount borrowed
r=r= the interest rate per month
n=n= the number of payments

answer
Answers: 1

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 17:30, atkinsonsinbraz
One integer is 8 times another. if the product is 72, then find the integers
Answers: 2
image
Mathematics, 21.06.2019 17:30, allisonlillian
Select the quadratic that has root x = 8 and x = -5
Answers: 3
image
Mathematics, 21.06.2019 20:00, offensiveneedle
1: 4 if the wew 35 surfboards at the beach how many were short boards?
Answers: 1
image
Mathematics, 21.06.2019 20:30, strodersage
Ametal rod is 2/5 meters long. it will be cut into pieces that are each 1/30 meters long. how many pieces will be made from the rod?
Answers: 1
Do you know the correct answer?
Mila is looking to take out a mortgage for \$730,000$730,000 from a bank offering a monthly interest...

Questions in other subjects:

Konu
Mathematics, 18.03.2021 02:00
Konu
Mathematics, 18.03.2021 02:00