Solve the problem using the loan payoff table or an amortization table.A real estate company borrowed $285,000 to develop some condos. It amortized the loan to pay monthly for 4 years at 8% interest. Find the amount of each monthly payment.

A. $6956.85
B. $6301.35
C. $7803.30
D. $7093.65


Answer: A

Mathematics

You might also like to view...

Write the whole number in words.483

A. four thousand, eight hundred thirty B. four hundred thirty-eight C. four thousand, eighty-three D. four hundred eighty-three

Mathematics

Solve.The outside of a water storage tank is in the shape of a sphere. Approximate to the nearest hundredth the volume of the tank with a radius of 17.4 feet. Use 3.14 for ?.

A. 950.67 cu ft B. 22,055.46 cu ft C. 16,541.6 cu ft D. 1267.56 cu ft

Mathematics

Solve the problem.The formula for the up-and-down motion of a weight on a spring is given byS = a sin twhere a is the radius of the circle, k is the spring constant, m is the mass, and t is the time. Solve the equation for t.

A. t =  sin 
B. t =  arcsin 
C. t =  arcsin 
D. t =  sin 

Mathematics

Compare the graph of the given quadratic function f with the graph of y = x2.f(x) = 4x2

A. Reflected across the x-axis and narrower B. Wider C. Reflected across the x-axis and wider D. Narrower

Mathematics