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Stels [109]
3 years ago
9

Renata has a home loan for $150,000 at 7.5% interest for 30 years and her payment is $987.00 per month (including principal and

interest). What is the principal balance after Renata has made one payment on her loan? After two payments?
Mathematics
1 answer:
Maru [420]3 years ago
4 0

Answer:

Renata has a home loan for $150,000 at 7.5% interest for 30 years and her payment is $987.00 per month.

I have solved this using excel sheet that is attached here.

p = $150000

r = 7.5%

t = 30\times12=360

EMI = $987

You can see the excel sheet, after first month principle is $ 149,950.50  and after second month it is $149,900.69 .

Download xlsx
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Which are the solutions of the quadratic equation x2 =-5-3
alexdok [17]

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Step-by-step explanation:

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Proof :  (A+B) • (A-B) =

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Equation at the end of step  1  :

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Step  2  :

Solving a Single Variable Equation :

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Add  8  to both sides of the equation :  

                     x2 = 8  

 

When two things are equal, their square roots are equal. Taking the square root of the two sides of the equation we get:  

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The equation has two real solutions  

These solutions are  x = 2 • ± √2 = ± 2.8284  

 

Two solutions were found :

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Not sure what you need help with, but I hope I helped you somehow.

5 0
3 years ago
The fountain is made up of two semicircles and a quarter circle. Find the perimeter and the area of the fountain. Round the peri
Andrej [43]
FOUND THE COMPLETE QUESTION IN ANOTHER SOURCE.ATTACHED IMAGE.
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5 0
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