The size of the monthly repayment k that amortizes a loan of A dollars in N years at an interest rate of r per year, compounded monthly, on the unpaid balance is given by 
The value of r can be found by performing the iteration 
A family secured a loan of $360,000 from a bank to finance the purchase of a house. They have agreed to repay the loan in equal monthly installments of $2476 over 25 years. Find the interest rate on this loan. Round the rate to one decimal place.
a. 8.7%
b. 7.7%
c. 6.7%
d. 5.7%
c. 6.7%
Mathematics
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Factor completely. If unfactorable, indicate that the polynomial is prime.x2(x + 4) + 4x(x + 4) - 5(x + 4)
A. (x + 4)(x + 1)(x + 5) B. (x - 1)(x - 5)(x + 4) C. (x - 1)(x + 5)(x + 4) D. (x + 4)(x + 1)(x - 5)
Mathematics
Determine whether the improper integral is convergent or divergent, and calculate its value if it is convergent.
Mathematics
Solve the equation and check your solution.
= 6 - 
A. x = 
B. x = 
C. x = 7
D. x = 8
Mathematics
Find the indicated term for the sequence.Find the 12th term of the sequence whose general term is an = (3n - 8)(5n + 5).
A. 2170 B. 1210 C. 1500 D. 1820
Mathematics