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.
The medical students m>12,the temperature of students s=>25, and the ideal candidate c=<5
Step-by-step explanation:
-t = 9(t-10)
-t = 9t - 90
90 = 9t + t
90 = 10t
90 ÷ 10 = t
9 = t
Answer:
ANSWER :
285.12
discount amount =45/00 x 480=45 x 48/10
=216.0
price of discount =480-216=264
salex tex 8/100 x 264. =21.12
total many of spend 264+21.12=285.12
Answer:
One is 2 0's before the decimal point (100) and the other is 2 decimal places AFTER the decimal point (0.01)
Essentially, the question is asking us how many times do we multiply 0.01 to get 100? This will be how many times greater 100 is compared to 0.01
Lets move the decimal point 4 times to the right:
0.01
00.1
1.0
10.0
100.0
Step-by-step explanation:
