Answer:
Principal element is $475.43
Interest payment is $390
Step-by-step explanation:
The amount of interest paid in month one is 4%*$117,000*1/12=$390
The interest is calculated based on the annual interest rate of 4% apportioned to reflect one month interest by multiplying by 1/12
The principal element of monthly payment is the monthly payment minus interest.
principal paid in month one=$865.43-$390=$475.43
Ultimately,$475.43 goes toward reducing her loan balance while the $390 is interest on loan
IF
2=5 ;
3=9 ; 3*5 - 3*2
4=48 ; 4*9 + 4*3
5=220 ; 5*48 - 5*4
6=1,350 6*220 + 6*5
7= 9408 7*1350 - 7*6
THEN 8 = 8*9408 + 8*7 = 75320
Answer:
yes
Step-by-step explanation:
Answer:
this question is not complete
32x< 150 , where x is the number of pictures framed. So 150/32 = 4.6875, since no pictures are purchased as whole the most he could buy is 4
