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rewona [7]
3 years ago
13

ali obtained a 36 month loan of 4,350 for a used car. the interest rate is 8%. his monthly payment is 124.62. what is the paymen

t to principal for the first payment ​
Mathematics
1 answer:
tamaranim1 [39]3 years ago
4 0

Answer:

8 % of 4350 is a rate of $348 / yr or $29 per month.

So 124.62 - 29 = 95.62 towards the principal for the 1st month.

That would leave a balance due of 4350 - 95.62 = 4254.38.

4254.38 * .08 = 340.35.

340.35 / 12 = 28.36  interest to be paid in the second month with

124.62 - 28.36 = 96.26 going towards payment of the principal.

Step-by-step explanation:


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Answer:

XZ<ZY<XY

Step-by-step explanation:

smallest angles are across from the smallest sides

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Kyle buys a turtle tank for Tiny, his pet turtle. The tank is 16 inches tall. The base
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The volume of the Tiny's tank will be equal to V=7760 cubic inches.

<h3>What is volume?</h3>

Volume is defined as the space occupied by any object in the three-Dimensions. All three parameters are required for the volume like length, width and height of the cube and for the cone it will be radius and height.

It is given that:-

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1 year ago
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Which of the following describes the transformation of p(x)=x3 to the function q(x)=−(x−6)3−4 ?
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Answer:

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Find three consecutive integers whose sum is 51
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4 0
2 years ago
Carrie borrowed $960 in interest free to pay for a car repair. She will pay $120 monthly until the loan is paid off. How many mo
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Answer:

It will take Carrie 8 months to pay off the loan

Step-by-step explanation:

Step 1: Determine the expression for total amount to be paid

T=m×n

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T=total amount to be payed

m=total payments per month

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m= $120

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6 0
3 years ago
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