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stepan [7]
2 years ago
5

Question in picture correct answer marked brainliest

Mathematics
1 answer:
sergejj [24]2 years ago
7 0
C because you need to use the formula and then calculate
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Using a spreadsheet program, create an amortization schedule for a 30-year mortgage of $500,000 at an annual interest rate of 4.
madreJ [45]

This exercise requires the ability to create Amortization Schedules Using a Spreadsheet program. Based on the information given about the Amortization of the loan, the principal payable per month became greater than the interest payable per month on the 159th month (given that the loan amount is $500,000.

<h3>In which month does the amount of principal in a monthly payment first exceed the amount of interest?</h3>

The amount of principal in a monthly payment first exceeds the interest payment In 159th Month. The interest on this month is $1, 248.39 while the principal on this month is $1, 205.46.

It is to be noted that when a loan is taken, the constituents of the amounts being paid back is the Principal and part of the interest on the loan.

<h3>How do you Calculate Amortization of Loans?</h3>

The yearly interest rate must be divided by 12.

Your monthly interest rate, for instance, will be 0.3525 percent if your annual interest rate is 4.23 percent (0.0423 annual interest rate x 12 months).

Additionally, you'll add 12 to the number of years remaining on your loan term.

<h3>How much interest is repaid for the term of the loan?</h3>

The total amount of interest that is paid for the term loan is $383,385.54

<h3>If the loan amount was $750,000 instead of $500,000, would the month in which the amount of principal in a monthly payment first exceeded the amount of interest change?</h3>

Yes it would change. It would change to the 165th month. In this month, the interest paid is $1, 834.00 while the principal paid back is $1,846.77. See the attached image for answer C.

Learn more about Amortization at;
brainly.com/question/10561878
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3 0
1 year ago
Cylinder A and cylinder B have the same height. Cylinder A has a radius that is twice as long as cylinder B's. Which
arlik [135]

Answer: B The volume of cylinder A is four times the volume of cylinder B

Step-by-step explanation:

I got it right

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3 years ago
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Tim tradesman had a taxable income of $82,500
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What is the question? 
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Hirva ate 5/8 of a medium pizza Elizabeth ate 1/4 of the pizza how much pizza did they eat all together?
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I’m pretty sure this is 7/8!
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3 years ago
Which of the following compositions will map the red figure onto the blue figure?<br> 6lB<br> ATA
melisa1 [442]

Answer:

Point A is translated to A" by T(0, -6), since A has been shifted 6 units down

check the picture, the translated triangle is A"'B"'C"'.

clearly the angle between B"'A"' and B"A"' is 90 degrees, so we can complete the transformation by a 90° clockwise rotation or a 270° counterclockwise rotation.

from the choices given, we see that is is a 270° counterclockwise  rotation.

Answer: A.(o,-6). Ra,270

Read more on Brainly.com - brainly.com/question/4238499#readmore

Step-by-step explanation:

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