Answer:
100% of the 2nd monthly payment go toward the repayment of principal.
Step-by-step explanation:
The loan taken is the Principal which is mentioned as $72,500 with interest at a nominal rate of 20%. Firstly, it is important to understand that nominal rate means <em>non-compounding </em>rate. Simply put will be a "<em>one-time charged" </em>rate on the loan. Since this is given as 20% of the Principal. It is calculated thus: 
× 
= $14,500. So the interest on the loan is $14,500. Added to the Principal the total amount to be paid back by the company becomes: $72,500 + $14,500 = $87,000. To pay back this amount at equal end-of-month installments in 1 year (12 months), we divide the total amount by 12. i.e 
= $7250. This means, the monthly payment will be $7,250. Since the monthly payment pays only 10% of the initial principal $72,500. By the second month only 20% of the Principal would have been paid. So all of the monthly payment will go towards repaying the principal
Answer:
Step-by-step explanation:
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Answer:
Largest Face: 90 degree angle
Step-by-step explanation:
Answer:
2.0 seconds
Step-by-step explanation:
<u>Given quadratic functions</u>:
To find the time, in seconds, that the balloons collided at the highest point, <u>substitute</u> one equation into the other equation and rearrange to <u>equal zero</u>:
<u>Factor</u> the quadratic:
Apply the <u>zero-product property</u> to solve for x:
Therefore, the balloons collided at 1 second and 2 seconds.
To find at which time the highest point of collision occured, substitute both values of x into one of the functions:
Therefore, the time, in seconds, that the balloons collided at the highest point is 2.0 seconds.
Learn more about quadratic systems of equations here:
brainly.com/question/27930827
It equals 40/6. I hope this helps. Good luck!
