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

In your English class, you are given a list of 10 books. You are to choose 3 books to read over the summer. How many different groups of 3 books are available f
Taste molecules are unique because different molecules trigger _______ in the nose and mouth
The launch of Sputnik in the 1950s allowed which nation to have the first object in space? Germany Japan United States USSR
GEO, TRIGONOMETRY! 45 POINTS AND BRAINLIEST FOR CORRECT ANSWER. NEED HELP ASAP PLEASE :) Isabell is standing at the top of a waterslide that leads to a pool bel
Figure ABCD is a parallelogram.What is the value of n?3 51725​
which of the following statements about sacco and vanzetti is NOT accurate. A) sacco and vanzetti were italian immagrants. B)they are accused of robbing
For safety in climbing, a mountaineer uses a nylon rope that is 55 m long and 1.3 cm in diameter. When supporting a(n) 83-kg climber, the rope elongates 1.4 m.
HELP ANSWER AS FAST AS POSSIBLE!!!
there are no consequences when a lot of money is spent on one category only
-Famous Leaders of the Late Middle Ages: Be sure to describe their greatest achievement. -Hugh Capet: -King Ferdinand and Queen Isabella: -Joan of Arc: