ErickN305 ErickN305
  • 02-03-2022
  • Computers and Technology
contestada

What function would you use to calculate the total interest paid for the first year of a mortgage?.

Respuesta :

peterala000
peterala000 peterala000
  • 02-03-2022

Answer:

To calculate the total interest paid for the first year of a mortgage, the formula M = [P.r (1+r)n] / [(1+r)n-1] × 12 can be used.

Explanation:

Answer Link

Otras preguntas

Describe how spacecraft evolved from the US Mercury to contemporary space shuttles.
PLZ PLZ HELP.....in french write A gossip page (Potins) that you are going to invent about a famous French person/sportsman using past(both)/present and future
Match the description to the term. 1. book an author writes about herself propaganda 2. written about a real person by another autobiography 3. author of Ha
Calculate the volume of this cylinder, giving your answer to 1 decimal place. ​
ك ل و، مثلث قائم الزاوية في ل ك ل=٥ ، ول=٧، س منتصف الوتر ك و جد طول س ل​
SUPER URGENT Sam is eating a Big Hamburger. The first bite was 20% of the Hamburger, the second bite was 20% of what is left and so every next bite is 20% of wh
An expression that equivalent to 12x + 8
if p(x) = x^99 + 99 , then find p(1)
Top 12 left side x right side 7
3. PART A: What connection does the author draw between communication style and social acceptance? A A person’s success in social interactions is influenced b