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Your home mortgage is $300,000 for 30 years with a nominal annual rate of 7%. The monthly payment is most nearly:
Solution: n = 360 months interest = 7%-annual ÷ 12-months/year
= 0.583% per month
$300,000(A/P, 0.00583, 360) = Apply the equation:
i (1+i)n/ (1+i)n -1
= 0.006650339
A = 300,000 x 0.006650339 = $1,995.10 per month
with a neat well labelled, explain reciprocal ranging in surveying.
How Will You Influence People to Strive Willingly for Group Objectives in Your Organization (Target Based Industry)? Apply Your Interpersonal Influence Through Communication Proces
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Explain about reciprocal ranging
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