You can do pencil and paper or use a calculator if necessary
Your answer is <em>3.5</em>
Answer:
Step-by-step explanation:
clay will have
-80+96=16 dollars
the change in balance is +16
877.7 is the correct answer!
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
For this case we have the following expression:
414x - 812y - 414x
Rewriting we have:
414x - 414x - 812y
We group similar terms:
(414x - 414x) - 812y
Adding we have:
0 - 812y
- 812y
Answer:
The sum of a number and its opposite is 0, and the sum of any number and 0 is the number itself.
