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.
Answer:
3.3333333333
Step-by-step explanation:
3 3/9 --> 10/3
10 (dived by) 3=3.3333333333
Simple drawing shows that measure interior angle at B is 25 degrees.
Easily seen from a drawing are that measure of angle CBD is 25 degrees, and measure of angle CAD is 65 degrees (which was already given).
Heres the plot formula!
Answer:
28 pieces
Step-by-step explanation:
14.9 ÷ 0.52 = 28.653
Answer:
x=-5
Step-by-step explanation: