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
Answer:
Okay so I would say d because
Step-by-step explanation:
because they all equal less than 1/4
Answer:<u><em> From least to greatest, we get: 0.6010, 6.010, 6.100. Ordering these decimals from least to greatest we get: 0.601, 6.01, 6.1. Sometimes it is helpful to place a number in a circle to the right of each decimal you are trying to order.</em></u>
<u><em>Step-by-step explanation:</em></u>
Answer:
1,4,7,10,13,16,19,22
Step-by-step explanation:
apparently it is adding 3 every row