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%
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Use the shell method to find the volume of the solid generated by revolving the region bounded by the given curves about the given lines.y = 2x,
y = x2; revolve about the y-axis
A. 
?
B. 
?
C. 
?
D. - 
?
Evaluate the expression, given x = -2, y = 3, and a = -4.(8 + x)(9 + y)(-2 - a)
A. -144 B. 144 C. -432 D. -720
Simplify.(-13.8)
+ 
A. -12 B. -10 C. -13 D. -11
Find the gross pay at the given rate. Round to the nearest cent.22.8 hours at $7.25 per hour
A. $172.55 B. $165.30 C. $158.05 D. $170.30