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.
Answer:
0.007
Step-by-step explanation:
A negative notation starts with 0's from the left.
count 3 places before the 7, that is where my point is.
I am pretty sure of my explanation but the answer is correct.
Answer- Yes it is a right triangle.
You can use the Pythagorean Theorem.
( a^2 + b^ = c^2 ) and replace a with 10, b with 24, and c with 26 and the equation will be balanced on both sides.
(10^2 + 24^2 = 26^2)
(100 + 576 = 676 )
Answer:
Equation in square form:
Extreme value:
Step-by-step explanation:
We are given
we can complete square
we can use formula
now, we can add and subtract 5^2
So, we get equation as
Extreme values:
we know that this parabola
and vertex of parabola always at extreme values
so, we can compare it with
where
vertex=(h,k)
now, we can compare and find h and k
we get
h=-5
k=-4
so, extreme value of this equation is
