Provide an appropriate response.A person amortizes a loan of $180,000 for a new home by obtaining a 30-year mortgage at the rate of 8.7% compounded monthly. Find (a) the monthly payment, (b) the total interest charges, and (c) the principal remaining after 10 years.

What will be an ideal response?


(a)$1409.64(b)$327,470.40(c)$160,091.23

Mathematics

You might also like to view...

Find the exact value under the given conditions.sin ? = , 0 < ? < ; cos ? = , 0 < ? < Find tan (? + ?).

A. - 
B. - 
C.
D.

Mathematics

Give the center and radius of the circle. Then sketch its graph.(x + 5)2 + (y - 4)2 = 16

A. center (- 5, - 4), r = 4

B. center (5, - 4), r = 4

C. center (5, 4), r = 4

D. center (- 5, 4), r = 4

Mathematics

Fill in the blank with one of the words or phrases listed below.In 23, the 2 is called the  and the 3 is called the .

A. base, exponent B. denominator, numerator C. exponent, base D. numerator, denominator

Mathematics

Solve the equation.ln  = 4

A. {e8 + 5}
B.
C. {e4 - 5}
D. {e8 - 5}

Mathematics