Answer:
37c
Step-by-step explanation:
6c+(7c+7c)+8c+9c
6c+14c+(8c+9c)
6c+(14c+17c)
6c+31c
37c
Because 843,000 is closer to 840,000 than 850,000
The answer should be 1 3/8
For the answer to the question above, n the 1st month, the accrued interest is ___ (1/12) * .0525 * 135400
subtract the interest from the payment to find the change in the principal for the 2nd month
find the 2nd month's interest and subtract from the payment to find the amount applied to principal. Then that's it!
