24. C
25. D
I honestly don't know.
Answer:
100% of the 2nd monthly payment go toward the repayment of principal.
Step-by-step explanation:
The loan taken is the Principal which is mentioned as $72,500 with interest at a nominal rate of 20%. Firstly, it is important to understand that nominal rate means <em>non-compounding </em>rate. Simply put will be a "<em>one-time charged" </em>rate on the loan. Since this is given as 20% of the Principal. It is calculated thus: × = $14,500. So the interest on the loan is $14,500. Added to the Principal the total amount to be paid back by the company becomes: $72,500 + $14,500 = $87,000. To pay back this amount at equal end-of-month installments in 1 year (12 months), we divide the total amount by 12. i.e = $7250. This means, the monthly payment will be $7,250. Since the monthly payment pays only 10% of the initial principal $72,500. By the second month only 20% of the Principal would have been paid. So all of the monthly payment will go towards repaying the principal
Step-by-step explanation:x/2 is the answer of your question
hope it is helpful to you
Answer:
y
dont trus me
Step-by-step explanation:
9514 1404 393
Answer:
(0, 9)
Step-by-step explanation:
The midpoint coordinates are the averages of the end point coordinates.
M = (A +B)/2
M = ((8, 10) +(-8, 8))/2 = (8 -8, 10+8)/2 = (0, 18)/2
M = (0, 9)
The midpoint is (0, 9).