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:
4
Step-by-step explanation:
Answer:
3
Step-by-step explanation:
A difference of squares factors in general as
a² - b² = (a - b)(a + b)
Given the factor (- 5x + 3) of a difference of squares product.
Then the other factor is (- 5x + 3)
I think this is what you are looking for:
=−12
a
b
=
−
12
+=4
a
+
b
=
4
(+)2=42
(
a
+
b
)
2
=
4
2
2+2+2=16
a
2
+
b
2
+
2
a
b
=
16
∴2+2=16+2×12=40
∴
a
2
+
b
2
=
16
+
2
×
12
=
40
Now, (−)2=2+2−2=40+2×12=64
(
a
−
b
)
2
=
a
2
+
b
2
−
2
a
b
=
40
+
2
×
12
=
64
∴(−)=64‾‾‾√=±8
∴
(
a
−
b
)
=
64
=
±
8
So, 2−2=(+)(−)
a
2
−
b
2
=
(
a
+
b
)
(
a
−
b
)
2−2=(4)(±8)=±32
a
2
−
b
2
=
(
4
)
(
±
8
)
=
±
32
Hope that helps and sorry if it is confusing!