A $80,000 mortgage loan is made at a 12 percent (nominal) rate of interest for 30 years. What isthe constant monthly mortgage payment on this loan, assuming it is to be fully amortized at the end of 30 years? Determine the loan balance at the end of 10years and construct a oneyear amortization schedule

Multiply the number of years in your loan term by 12 (the number of months in a year) to get the number of payments for your loan. For example, a 30-year fixed mortgage would have 360 payments (30x12=360).

Step-by-step explanation:

answer is : muchas/tipicas

have a nice day!

~recklesschicken

step-by-step explanation:

let's assume

number of candles set =x

price of of x candles =p(x)

we are given

a candle maker prices one set of scented candles at $10 and sells an average of 200 sets each week

so, we get point as (200,10)

he finds that when he reduces the price by $1, he then sells 50 more candle sets each week

so, we can find slope

now, we can use point slope form of line

now, we can plug values

we can use point

and find b

now, we can plug it back

and we get

now, we can find revenue

we know that

revenue = price*quantity

so, we get