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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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7 0
2 years ago
Please helppp!! Find the missing side . Round to the nearest tenth
olga nikolaevna [1]

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7.  7.8

Step-by-step explanation:

We can use Tan of this angle to find the missing side (in this case, the side adjacent to the angle measuring 57°)

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6 0
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A log splitter can split 6/5 cords of wood in 4/5 of an hour. Complete the unit rate by setting up a complex fraction and simpli
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Answer:

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Step-by-step explanation:

A log splitter can split 6/5 cords of wood in 4/5 of an hour.

To find a unit rate, we divide the quantity of cords of wood by the time.

This gives us the complex fraction.

\frac{ \frac{6}{5} }{ \frac{4}{5} }

This is the same as

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To divide two fractions, we multiply by the reciprocal of the second fraction.

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Nine friends share 12 pounds of pecans equally.
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12/9
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