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3 years ago

Amount $100,000

Mathematics

1 answer:

sergey [27]3 years ago

4 0

Answer:

1) Repaid for the loan = $239,511.60

2) Percentage = 58.2%

3) Average amount = $387.53

Step-by-step explanation:

Given :

Amount $100,000

Rate 7%

Payments 360 - $665.31

Total interest $139,511.60

To find :

1) How much will be repaid for this loan?

Repaid for the loan = Amount - Total interest

Repaid for the loan = 100,000 + 139,511.60

Repaid for the loan = $239,511.60

2) What percentage will be repaid for this loan?

$\text{Percentage}=\frac{\text{Total interest}}{\text{Repaid loan}}\times100$

$\text{Percentage}=\frac{139511.60}{239511.60}\times100$

$\text{Percentage}=0.582\times100$

$\text{Percentage}=58.2\%$

3) What will be the average amount per payment for interest?

$\text{Average amount}=\frac{\text{Total interest}}{\text{Payments}}$

$\text{Average amount}=\frac{\text{139511.60}}{\text{360}}$

$\text{Average amount}=387.53$

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Answer:

The answer in the procedure

Step-by-step explanation:

Let

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case 1) The area of the second square painting is greater than the area of the first square painting

The difference of the area of the paintings is equal to subtract the area of the first square painting from the area of the second square painting

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Answer:

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Step-by-step explanation:

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I hope this helps you

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