1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Mrac [35]
2 years ago
6

The following table shows the first segment of a five-year amortization schedule.

Mathematics
1 answer:
ELEN [110]2 years ago
4 0

After one year of payments, the amount need to be paid to interest is $1100.42 if the first segment of a five-year amortization schedule is a 5-year amortization schedule option (a) is correct.

<h3>What is a loan amortization schedule?</h3>

It is defined as the systematic way of representation of loan payments according to the time in which the principal amount and interest mentioned in a list manner.

We have a table given that showing a first segment of a five-year amortization schedule that has a 5-year amortization schedule and the amount of interest paid for months 1 through 12.

As the loan amount is not mentioned in the question, we are assuming the loan amount is $1184.6

Therefore, loan amount = $1184.6

The outstanding amount at the end of one year, which is 12 months, is shown in the table as $84.18

After one year of payments, the amount need to be paid to interest:

= Loan amount - Outstanding amount after 12 months

= 1184.6 - 84.18

= $1100.425

Thus, after one year of payments, the amount need to be paid to interest is $1100.42 if the first segment of a five-year amortization schedule is a 5-year amortization schedule option (a) is correct.

Learn more about the amortization schedule here:

brainly.com/question/15357884

You might be interested in
How does the volume of an oblique cone change if the height is reduced to 2/3 of its original size and the radius is doubled
spayn [35]

The volume of oblique cone =\frac{1}{3} \pi r^{2} h

Now radius is doubled is now it is 2r

And height is reduced to 2/3 of its original size that is 2/3 h

So plugging the values we get volume

New Volume = \frac{1}{3} \pi (2r)^2 (\frac{2}{3} h)

= \frac{1}{3} \pi 4r^2 (\frac{2}{3} h) = \frac{8}{6} \pi r^{2} h =\frac{8}{2} (\frac{1}{3} \pi r^{2} h )=4*(\frac{1}{3} \pi r^{2} h )

It means the volume becomes 4 times

3 0
3 years ago
Which expression shows the factors of 9x^ +3x-2
lesya692 [45]

Answer:

\texttt{(3x+2)(3x-1)}

Step-by-step explanation:

Factors of

9x^2+3x-2

9x^2+6x-3x-2

3x(3x+2)-(3x+2)

(3x+2)(3x-1)

6 0
3 years ago
A piece of bad news about your hotel goes viral. If each person, spreads the news to 5 people within 1 minute, how long will it
Lady_Fox [76]

A 20,000,000


Hope my answer helped


5 0
3 years ago
Read 2 more answers
the hardwere store sold 7,389 boxes of nails last year. they aold 9,125 boxes of screws. how many more boxes of screws did they
Naily [24]
1,784 because 9,125 - 7,389 = 1,784
7 0
3 years ago
Read 2 more answers
Which expression results from using the Distributive Property? 2(5 + 3r)
Natasha_Volkova [10]

Answer:

6r + 10

Explanation:

2(5 + 3r)

= (2)(5 + 3r)

= (2)(5) + (2)(3r)

= 10 + 6r

= 6r + 10

5 0
3 years ago
Other questions:
  • State a counterexample to the conjecture below if a number is divisible by 6 and 2 then there’s is divisible by 12
    10·2 answers
  • PLEASE HELP ASAP.
    13·2 answers
  • Rhe special number is
    10·1 answer
  • Please help
    10·1 answer
  • What is the radius of a circle whose equation is (x + 5)2 + (y - 3)2 = 42?
    13·2 answers
  • PLEASE HELP!
    8·1 answer
  • Geometry. Is it a b c or d????
    15·1 answer
  • I need help as soon as poible <br> π×5×5×7=
    8·1 answer
  • What is a fraction? And how do they work?
    13·2 answers
  • Here is a data set ( n = 117 ) that has been sorted. 51.7 56.8 65.3 66.8 67.3 68.1 68.1 68.3 68.6 68.7 69 69 69.6 69.7 69.9 70.2
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!