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

Finland briefly had a King in 1918. From which country's royal family was he taken?
Evaluate the expression for c = –1. c2 − 28c + 9 = Evaluate the expression for c = –1. c2 − 28c + 9 =
What is the intersection point for this system of equations? x + y = 49 .05 + .25y = 8.65
2. Which point of view does Saki use in "The Open Window" to build suspense and deliver a surprise ending? O first person O third-person limited O second person
How many tigers were estimated to be living in the Far East in 2008?
A visual tool that works hand in hand with the agent's dialogue is the ________.
-2=7(q+ 2) +3(2q -1) Solve for q
what is 3(x - 7) + 4
The table shows your test results for math class. What test score do you need on the last exam to earn 90% of the total points? Test score percent answer needed
Which of the following would be consider true breeding? A. AA B. Aa C. aa D. AA and aa