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

what is an example of reterriorialization
Paula a college student earned $3,600 she spent 2,500 for tuitution 600 for rent and 430 for food the rest went for miscellaneous expenses ehat are the fractio
The vertex of this parabola is at (2,-1) when the y value is 0 and then x value is 5 what is the coefficient of the squared term in the parabolas equation
!!PLEASE ANSWER ASAP!! a major cause of the russian revolution of 1917 was
the columbian exchange was named after
Select all numbers below that are irrational. Question 1 options: A) 5.48¯¯¯¯ B) 36−−√ C) 8.23 D) 4π E) 27−−√
Which lines are the best example of parallelism? Question 4 options: “Today is heavy with tomorrow--/the future was planted yesterday” “On the perfectly silent/
what is 0.005 equal to?
The table shows the solution to the equation |2x − 3| − 1 = 2: Step- |2x − 3| = 2 + 1 Step 2- |2x − 3| = 3 Step 3- 2x − 3 = 3 or 2x + 3 = 3 Step 4- 2x = 6
Look at the picture part 1