Answer:
(Interest rate/number of payments)*$170000= interest for the first month.
Interest amounts for all the months of repayment plus $170000=Total loan cost
Explanation:
Interest is the amount you pay for taking a loan from a bank on top of the original amount borrowed.
Factors affecting how much interest is paid are; the principal amount, the loan terms, repayment schedule, the repayment amount and the rate of interest.
The interest paid=(rate of interest/number of payments to make)*principal amount borrowed.
You divide the interest with number of payments done in a year where monthly are divided by 12.Multiplying it by loan balance in the first month which is your principal amount gives the interest rate to pay for that month.
You new loan balance will be= Principal -(repayment-interest)
Do this for the period the loan should take.
Add all the interest amount to original borrowed amount to get total cost of the loan after the period of time.
The effect would be the altitude of the air, the higher you go up the closer you are to space we’re there’s no oxygen and everything moves slow so when your trying to fly across the world it could feel like your moving slower
Answer:
Recognize that there is a moral dilemma.
Determine the actor. ...
Gather the relevant facts. ...
Test for right versus wrong issues. ...
Test for right versus right paradigms. ...
Apply the resolution principles. ...
Investigate the trilemma options. ...
Make the decision.
Answer:
True
Explanation:
Tensile testing which is also referred to as tension testing is a process which materials are subjected to so as to know how well it can be stretched before it reaches breaking point. Hence, the statement in the question is true