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:6.2
Step-by-step explanation:
Answer:
D. 70°
Step-by-step explanation:
the sum of the unknown angle and 110° is 180 °
so, let the unknown angle be x
x+110 = 180
x = 180-110
x = 70°
Add 2 3/4 and 2 1/2 and you’ll get ur answer. area means total and when u see area, it means add
Let's represent the two numbers by x and y. Then xy=60. The smaller number here is x=y-7.
Then (y-7)y=60, or y^2 - 7y - 60 = 0. Use the quadratic formula to (1) determine whether y has real values and (2) to determine those values if they are real:
discriminant = b^2 - 4ac; here the discriminant is (-7)^2 - 4(1)(-60) = 191. Because the discriminant is positive, this equation has two real, unequal roots, which are
-(-7) + sqrt(191)
y = -------------------------
-2(1)
and
-(-7) - sqrt(191)
y = ------------------------- = 3.41 (approximately)
-2(1)
Unfortunately, this doesn't make sense, since the LCM of two numbers is generally an integer.
Try thinking this way: If the LCM is 60, then xy = 60. What would happen if x=5 and y=12? Is xy = 60? Yes. Is 5 seven less than 12? Yes.