22+26+28+30+39+44+62+63= 314
Divide the answer by the amount of numbers
=39.25
The answer is 92,776 because 10 times as much as 70 is 700 which gives the answer for the hundreds position.
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
Answer:
N/A
1 + 1 = 2
Step-by-step explanation:
