Answer:
you again ask your family
Step-by-step explanation:
Answer:
Principal element is $475.43
Interest payment is $390
Step-by-step explanation:
The amount of interest paid in month one is 4%*$117,000*1/12=$390
The interest is calculated based on the annual interest rate of 4% apportioned to reflect one month interest by multiplying by 1/12
The principal element of monthly payment is the monthly payment minus interest.
principal paid in month one=$865.43-$390=$475.43
Ultimately,$475.43 goes toward reducing her loan balance while the $390 is interest on loan
Answer:
5A)36 5b)30(mark as brainliest)
Step-by-step explanation:
5a)6+6+6+6+12 = 36
5b)36-8=28
28+2 = 30
It would be negative 5 since it is going down.
