Mathematics, 26.01.2021 18:50 nomad4547
Cassidy is planning to obtain a loan from her bank for $210,000 for a new home. The bank has approved Cassidy's loan at a fixed annual interest rate of 2.7% compounded monthly for 15 years. Use the formula to determine Cassidy's approximate monthly payment.
P = Fp(t)/1 - (1+t)^-n
Answer choices:
A. Cassidy’s approximate monthly payment will be $5,717.26
B. Cassidy’s approximate monthly payment will be $1,721.15
C. Cassidy’s approximate monthly payment will be $1,474.58
D. Cassidy’s approximate monthly payment will be $1,420.11
Answers: 2
Another question on Mathematics
Mathematics, 21.06.2019 14:30
Consider a graph for the equation y= -3x+4. what is the y intercept? a) 4 b) -4 c) 3 d) -3
Answers: 1
Mathematics, 21.06.2019 18:30
Complex numbers multiply √-4 * √-25 and show all intermediate steps. alternative notation is sqrt(-4) * sqrt(-25).
Answers: 1
Mathematics, 21.06.2019 19:30
You have 17 cats that live in houses on your street, 24 dogs, 3 fish, and 4 hamsters. what percent of animals on your block are dogs?
Answers: 2
Mathematics, 21.06.2019 20:50
Which of the following pair(s) of circles have las a common external tangent? select all that apply. a and b a and c b and c
Answers: 3
You know the right answer?
Cassidy is planning to obtain a loan from her bank for $210,000 for a new home. The bank has approve...
Questions
History, 05.05.2020 05:21
Mathematics, 05.05.2020 05:21
Mathematics, 05.05.2020 05:21
Mathematics, 05.05.2020 05:21
English, 05.05.2020 05:21
Biology, 05.05.2020 05:21
Mathematics, 05.05.2020 05:21
History, 05.05.2020 05:22
