Given that
starting outstanding balance = $150000
rate of interest = 7.5% per year
so rate of interest for 1 month = (7.5/12)% = 0.635%
outstanding balance before 1st monthly payment = starting outstanding balance + 0.625% of interest on starting outstanding balance
= 150000 + (0.625 /100) × 150000
= 150000 + 937.5 = $150937.5
Reduction = outstanding balance after one month - first monthly payment
Reduction = $150937.5 - 1010.10 = 149927.40
so out of first payment of $1,010.10 , $937.5 goes towards interest and remaining $72.6 goes towards reduction of principal that is 150000 - $72.6 = 149927.40.
so correct option is B that is $149927.40.
Answer:
$10t=m
Step-by-step explanation:
If for each hour is $10.
She would earn the number of hours times $10.
Example: She did babysitting for 4 hours this weekend. The equation is $10(4)=m or $10 x 4 = m. m=40
Answer:
We can't seee the whole problem...
Step-by-step explanation:
The coefficient of y = 3
coefficient = the constant in front of a variable
Constant means that the number will not change.
hope this helps
In order to solve this, we need to select the function that meets our constraints. Since x^2 - 5 occurs when x is less than 3, and the x-value we are given is -4, we use the first function.
f(-4) = (-4)^2 - 5
f(-4) = 16 - 5
f(-4) = 11
