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
The answer is whole
Hope this helps
Answer:
1041.6
Step-by-step explanation:
The volume of a pyramid is V=b x h x 1/3 . b is the area of the base and h is the height. V=124 x 25.2 x 1/3 This can simplify to V=3124.8 x 1/3 . You could also just divide by 3. You will get 1041.6
Answer:
$30
Step-by-step explanation:
If $25 is 100%,
$2.5 is 10%
$0.25 is 1%
$3.75 is 15%
$0.75 is 3%
Then add $25, $3.75 and 0.75 which is also equivalent to 100%+15%+3%=29.5 and if you rounded it up to the nearest cent it is 30