Given that
starting outstanding balance = $150000
rate of interest = 7.5% per year
so rate of interest for 1 month = (7.5/12)% = 0.635%
outstanding balance before 1st monthly payment = starting outstanding balance + 0.625% of interest on starting outstanding balance
= 150000 + (0.625 /100) × 150000
= 150000 + 937.5 = $150937.5
Reduction = outstanding balance after one month - first monthly payment
Reduction = $150937.5 - 1010.10 = 149927.40
so out of first payment of $1,010.10 , $937.5 goes towards interest and remaining $72.6 goes towards reduction of principal that is 150000 - $72.6 = 149927.40.
so correct option is B that is $149927.40.
Answer: 1.9
Step-by-step explanation:
because you keep adding 1.9 to get your result
Answer:
L = 25 m
Step-by-step explanation:
L = 4W - 3
perimeter = 2(L + W)
64 = 2(4W - 3 + W)
divide both sides by 2:
32 = 5W - 3
add 3 to each side:
5W = 35
divide both sides by 5:
W =7
L = 4(7) - 3 = 25
Answer:
x=3
Step-by-step explanation:
0=(x+2)^2-25
+25 +25
25=(x+2)^2
Square root both sides to get:
5=x+2
-2 -2
3=x
Answer:
for 3, 4 or both?
4. is probably zero
Step-by-step explanation:
Wait is 4 a question?