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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
how can I come up with the research on the water bound macadam road construction
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These days in Portugal is really difficult to get a job. So my question, is there any company that have online jobs in designing and calculating structures?
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The steel oil container shown in the figure has a circular lid centred on its sloping wall. The lid is hinged at A and held closed with a frictionless stopper at B. The lid is made
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