Answer:
total payment = $563,760
Interest = $383,760
Principal part = $66
Step-by-step explanation:
(a) total payment:
n = 30 years = 360 months
monthly payment = $1,566
Total payment = $1,566 * 360 months = $563,760
(b) interest:
Total payment = $563,760
Principal = $180,000
Total payment = Principal + Interest
Interest = Total payment - Principal
Interest = $563,760 - $180,000 = $383,760
(c) part of first payment applied to the principal:
First payment = $1,566
Principal = $180,000
Interest rate = 10% yearly = 10% / 12 = 0.8333% = 0.008333 monthly
Monthly interest = Principal * Interest rate = $180,000 * 0.008333 = $1,500
Principal part = $1,566 - $1,500 = $66
Hope this helps!
Answer:
A. -5m/5 does not equal m
Step-by-step explanation:
-5m/5 = -m, not m.
In step 2, both sides should be divided by -5, not by 5.
Answer: A. -5m/5 does not equal m
Answer:
x=10
Step-by-step explanation:
Lets use a ratio.
3:2 (12 to 8)
We need to scale the x+4 up 3/2 to be equal to 2x+1
(3/2) x+4 = 2x+1
1.5x+6=2x+1
-1.5x -1.5x
6=0.5x+1
-1 -1
0.5x=5
x=10
To make it simple make them all the same fraction
6/24 to trim 4/24 to style and she wants to work for 80/24 hours for 5 days
if each appointment she wants to take 6/24 to trim and 4/24 to style then every appointment will take 10/24 of an hour.
she wants to do 80/24 so she can do 8 appointments a day if each take 10/24
8 appointments a day 5 days a week
8x5= 40
