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

Are the prophecies always clear
What’s the correct answer for this?
What is your favorite thing about the poem “Becoming Joey” by John C. Gorski?
Candy and crooks are both handicapped describe both of their disabilities?
The Captain has probability \dfrac{1}{2} 2 1 ​ start fraction, 1, divided by, 2, end fraction of hitting the pirate ship. The pirate only has one good eye, s
Garret tried out for the baseball team. Holden tried out for the baseball team. Only Holden made the team. Choose the best way to combine the three sentences a
By the 1670s, the stern religious rules of the original _____ had less influence over New England. Native Americans merchants and farmers Pilgrims Puritans
This leader made all citizens over thirty eligible to serve on the council and gave more power to the citizen assembly
What is the square root of 3/4•3
Was the Enforcement Act of 1870 a valid exercise of Congress's power to enforce the Fifteenth Amendment?