9514 1404 393
Answer:
- to interest: $532.97
- to principal: $54.23
- new balance: $79,891.90
Step-by-step explanation:
The interest is found by multiplying the monthly rate by the balance on the loan. For the first month, the balance is the loan amount.
$79,946.13 × 0.08 ×(1/12) . . . . . one month = 1/12 year
= $532.97
The interest amount in the first payment is $532.97.
__
The amount of the first payment that goes to principal is what is left after the interest is paid:
$587.20 -532.97 = $54.23 . . . amount to principal
__
The new balance is the previous balance less the amount to principal:
$79,946.13 -54.23 = $79,891.90 . . . new balance
Answer:
b
Step-by-step explanation:
Answer: 109/1000
.109 can not be reduced, so we must put it in a fraction with 1,000.
So, the fraction would be 109/1000, because we need a denominator as 1,000.
The answer = 109/1000
Answer:
slope = 0
Step-by-step explanation:
Calculate the slope m using the slope formula
m = (y₂ - y₁ ) / (x₂ - x₁ )
with (x₁, y₁ ) = (- 7, - 8) and (x₂, y₂ ) = (5, - 8)
m = 
= 
= 0
Answer:
6.8127 × 10^16
Step-by-step explanation:
Hope this helps:)
