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evablogger [386]
3 years ago
11

HOW MUCH OF HIS FIRST PAYMENT WENT TO NOTE REDUCTION?

Mathematics
1 answer:
denis23 [38]3 years ago
5 0
We need to determine the amount of interest owed for the first month of the 30-year monthly loan.  To do that we take the principal and multiply it by the interest rate divided by 12.

So:  105000 × 0.71 ÷ 12 = $621.25

Since our monthly payment is given as $705.63, the leftover amount after paying off the monthly interest will go to note reduction.  In other words,

$705.63 - $621.25 = $84.38

Therefore, $84.38 of his $705.63 went to note reduction, or we can say about 11.9% of his first monthly payment went to note reduction.  Yikes, that is sad to think about.
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Answer:

Quotient=x²-4x+3

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Step-by-step explanation:

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      x^4       +x²

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  ________________

             -4x³+3x²-4x

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             +            +

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                      3x²        +1

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                   -               -

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3 0
3 years ago
1 5 ? whats the missing number?<br> _ + _= _<br> 9 6 18
Gnesinka [82]

Answer:

17 / 18

Step-by-step explanation:

1/9 + 5/6 needs to be converted to a different equivalent fraction so that the denominators are the same, so;

1/9 = 2/18 and 5/6 = 15/18

2/18 + 15/18 = 17/18!

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3 years ago
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Aneli [31]

Answer:

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Step-by-step explanation:

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Answer:

all follow the sequence

Step-by-step explanation:

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Artichoke - The spiral of an artichokes leaves can be described by the Fibonacci Sequence. This sequence is a simple mathematical pattern where each successive number in the sequence is equal to the sum of the two preceding numbers, beginning with 0 and 1.

Nautilus shell - Each number is the sum of the two previous numbers. An approximation of a logarithmic spiral, created by drawing circular arcs connecting the opposite corners of squares in the Fibonacci tiling; this one uses squares of sizes 1, 1, 2, 3, 5, 8, 13, 21, and 34.

3 0
3 years ago
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