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.
9514 1404 393
Answer:
32.9
Step-by-step explanation:
The ratio of long side to hypotenuse is the same for all of the triangles in the figure.
AD/AB = AB/AC
AB^2 = AD·AC = 30·36
AB = 6√30 ≈ 32.863
To the nearest tenth, AB ≈ 32.9.
Step-by-step explanation:
Since y is directly proportional to x,
we have y = kx, where k is a real constant.
When x = 15, y = 12.
=> (12) = k(15), k = 0.8.
Therefore we have y = 0.8x.
When x = 2, y = 0.8(2) = 1.6.
The answer is y = 1.6 when x = 2.
Answer:
what's the question???/
Step-by-step explanation:
Answer:
Your answer is: 19k - 7
Simplify the expression.
Step-by-step explanation:
Hope this helped : )
