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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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Answer:

90.

Step-by-step explanation:

7m - 3 = 53

m would be 8 because 56 - 3 = 53.

11m + 2 equals 90 because 11 times 8 (8 is m) is 88, which added by two is 90.

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3 years ago
The Mad Hat Company must ship two different-sized boxes: The small ones cost them 45 cents each and weigh 6 ounces, and the larg
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Given :

The Mad Hat Company must ship two different-sized boxes: The small ones cost them 45 cents each and weigh 6 ounces, and the large ones weigh 25 ounces and cost $1.20 each.

The total shipment this morning weighed 20 pounds 7 ounces and cost $18.45.

To Find :

How many packages of each size were shipped.

Solution :

We know, 1 pound = 16 ounces.

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Let, number of large and small box are l and s.

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Therefore, package smaller and big size are 17 and 9 respectively .

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The question is incomplete:

Ava makes bead necklaces. She has a total of 6048 beads. Each necklace has 24 beads. Her friend maria says that the greatest number of necklace she can make with the beads is 162. Marias. Work is shown here. Explain why Maria is incorrect and how she can find the correct answer.

Answer:

Maria is incorrect because when you divide the number of beads by the beads in each necklace, you find that she can make 252 necklaces.

Step-by-step explanation:

You can find the number of necklaces Avan can make by dividing the number of beads she has by the amount in each necklace:

6048/24=252

According to this, you can say that Maria is incorrect because when you divide the number of beads by the beads in each necklace, you find that she can make 252 necklaces.

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Answer:

31 days

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