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
Algebra 1 just really teaches you the basics of algrebra
Answer:
GPA stands for grade point average. the highest you can get is 4.5. There is no such things as a 95 GPA. To calculate, take the number or point per grade you have, A is 4.0, B is 3.0, C is 2.0, and so on, and add them all up and then divide by the number of classes you are taking.
Step-by-step explanation:
Answer: x = -3, -1/3, 1/2, 3
Step-by-step explanation:
