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Andrew [12]
3 years ago
13

Gilbert siegel obtained a $1,500 loan at an interest rate of 10%. The monthly payment is $131.85. How much of the first monthly

payment is for principal?
Mathematics
1 answer:
astraxan [27]3 years ago
7 0

Answer:

B.

Step-by-step explanation:


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hodyreva [135]

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Which pair of expressions is equivalent?
dlinn [17]

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Step-by-step explanation:

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Step-by-step explanation:

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How much interest is earned in 2 years on an investment of $2000? The interest rate is 3%.
Lelechka [254]

 In this sum we will calculate using the simple  interest.


Simple interest is calculated from the formula :

I  = PRT

where I is the interest, P is the principal, R is interest rate per year and t is time in years.

I = 2000 × 3 % x 2

We have to turn 3% to its decimal fraction which is 0.03, so:

I = 2000 × 0.03 × 2

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Therefore the interest earned in two years will amount to 120 $


7 0
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Determine the missing factor
kogti [31]

Answer:

2x-1

Step-by-step explanation:

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8 0
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