House loan. suppose you take out a home mortgage for $180,000 at a monthly interest rate of 0.5%. if you make payments of $1000/month, after how many months will the loan balance be zero?

It will be after 462 months

Explanation:

We use the annuity formula for present value

We post our know values and start solving for time:

First we clear the dividend:

Then we clear for the power

We set up the formula using logarithmic

And use logarithmic properties to solve for time:

time 462 months

the correct answer is - no.

winnipeg, canada, is not further away from the equator than moscow, russia, in fact moscow is the city that is further away from the equator. moscow is on a latitude of 55.7558° north, while winnipeg is on a latitude of 49.8951° north, thus putting moscow by 5.8607° further away from the equator than winnipeg is.

answer; dogs;