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

what other areas beside egypt did the new kingdom pharoahs conquer
which city was located nearest the nile river delta
write words to match the expression. 24- ( 6+3)
Which two numbers have a difference of 5 and a product of 3.36???
Which two numbers have a difference of 5 and a product of 3.36???
which city was located nearest the nile river delta
write words to match the expression. 24- ( 6+3)
Which two numbers have a difference of 5 and a product of 3.36???
which city was located nearest the nile river delta
Which two numbers have a difference of 5 and a product of 3.36???