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Mathematics, 27.12.2019 15:31 kaylarojascliff

How are mortgage payments calculated?
i do know the answer but i really not getting how this numbers coming out :
let say if i deposit 400 dollar in savings account hope's of earning interest. if the annual rates are 6% and i keep the money in my account for 5 years what would be the balance after 6 year period?
so the answer is 535.29. but how this coming out .
you an advance.


How are mortgage payments calculated?  i do know the answer but i really not getting how this

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How are mortgage payments calculated?
i do know the answer but i really not getting how this...
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