9514 1404 393
Answer:
- to interest: $532.97
- to principal: $54.23
- new balance: $79,891.90
Step-by-step explanation:
The interest is found by multiplying the monthly rate by the balance on the loan. For the first month, the balance is the loan amount.
$79,946.13 × 0.08 ×(1/12) . . . . . one month = 1/12 year
= $532.97
The interest amount in the first payment is $532.97.
__
The amount of the first payment that goes to principal is what is left after the interest is paid:
$587.20 -532.97 = $54.23 . . . amount to principal
__
The new balance is the previous balance less the amount to principal:
$79,946.13 -54.23 = $79,891.90 . . . new balance
Answer:
c
Step-by-step explanation:
Answer:
2 m
Step-by-step explanation:
Here the area and the lengths of the two parallel sides of this trapezoid are given:
A = 7m^2, b1 = 3 m and b2 = 4 m. What's missing is the width of the trapezoid.
First we write out the formula for the area of a trapezoid:
b1 + b2
A = --------------- * w, where w represents the width of the figure.
2
We need to solve this for the width, w. Multiplying both sides of the above equation by
2
------------
b1 + b2
results in
2A
------------ = w
b1 + b2
Substituting 7 m^2 for A, 3 m for b1 and 4 m for b2 results in
2(7 m^2) 14 m^2
w = ------------------ = ---------------- = 2 m
(3 + 4) m 7 m
The missing dimension is the width of the figure. This width is 2 m.
