The first monthly payment will be applied to interest due before any is applied to principal. The interest due is one month's interest at the 5.5% annual rate, or
... (0.055/12)·$110,000 = $504.17
The new principal balance after the first month will be
... $110,000 + 504.17 - 568.00 = $109,936.17
Rounded to the nearest dollar, the 4th selection is appropriate:
... $109,936
Given that the associative property of multiplication says that you can group the numbers in any combination, we can reorganize the expression as: 7·(10·3)=210. So the answer would be the first option.
The answer is B. It is shifted up by 6*1.5-2-2 with is 9-2-2=5.
Answer:
5%
Step-by-step explanation:
(labor force growing rate) +(efficiency of a unit of labor) = effective workers growing rate
<=> 3%+ 2% = 5%
Answer:
337x90=30330 simple multiplication:) Hope this helped!