document.write( "Question 1182345: (Amortization) A store was purchased for P725,000 and the buyer made a 10% down payment. The balance was financed with a 6.35% loan for 27 years. Find the monthly payment. \n" ); document.write( "
Algebra.Com's Answer #812439 by ikleyn(52788)![]() ![]() You can put this solution on YOUR website! .\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Regarding the long formulas in the post by @greenestamps, I'd like to give couple advises to you.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "First, I am 100% sure that for such calculations, your teacher allows you to use a modern Technology.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "For such calculations, I usually use MS Excel in my computer.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "It is enough for you to copy the entire formula into the cell of the MS Excel spreadsheet, and you will get the number in one click.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Otherwise, if you do not have MS Excel or some equivalent software in your comp, \r \n" ); document.write( "\n" ); document.write( "you may use appropriate online calculators.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "One such popular online calculator you may find at this web-site \r \n" ); document.write( "\n" ); document.write( "www.desmos.com\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Again, you copy-paste the entire formula into the specialized window of this calculator and get the answer in one click.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "This service is free of charge.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Surely, the formulas that you copy-paste, must be written CORRECTLY - it is YOUR RESPONSIBILITY.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "I think that to calculate so long formulas using the pocket calculator is \r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " a) a kind of torture, \r \n" ); document.write( "\n" ); document.write( " and\r \n" ); document.write( "\n" ); document.write( " b) an infinite source of errors.\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "In the XXI century nobody calculates this way.\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Hope my advises will be useful for you.\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |