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total students 110 students grade A 22/110 who did not receive grade A 110/110-22/110= 88/110
M = P [ i(1 + i)n ] / [ (1 + i)n - 1] M is the monthly payment; i = rate/12; n=number of payments For an $80,000 mortgage at 5.5% compounded monthly for 30 years, we would first solve for i as i = 0.055 / 12 = 0.0045833333 and n as 12 x 30 = 360 monthly
