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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
In reclamation involving large volumes of fill and tight programme, shall engineers use marine fill or mud extracted from land borrow area as filling material? There are two
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Q. Settlement due to Lowering of Water Table? Water table is encountered with, whenever any excavations are made for foundations. The water is to be out for working conditions.
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Ask questapplication of physics in civil engineering ion #Minimum 100 words accepted#
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