Since there was a down payment, the actual amount borrowed was
Amount borrowed, P=125000-25000=100000
interest, i = 4% (APR) = 0.04/12 per month (ASSUME compounded monthly)
Monthly payment = $577
To find the amortization portion of the first payment, we need the interest accumulated at the end of the first month (first payment)
= 100000*(0.04/12) = 333.33 (nearest cent)
Therefore amortization portion = $577-333.33 = 243.67 (to the nearest cent)
(by the way, if we need to know the amortization period, we have to use the amortization formula and estimate the number of months, n to give a monthly payment of 577 for the given principal. n can be calculated as 259.04 months, or over 21 years and 7 months).
9514 1404 393
Answer:
72°
Step-by-step explanation:
The external angle E is half the difference of subtended arcs CG and DF.
E = (CG -DF)/2
2E = CG -DF . . . . . . multiply by 2
DF = CG -2E = 160° -2(44°) . . . . . add DF-2E to both sides; substitute values
arc DF = 72°
I think 3.16 I said I think
(x+1) x (3x-4) is the answer
Hi!
So really focus on the fact that he started at $230, and then added an amount of money which we'll call x, which made his total equal $599.
Take the parts I put in bold, and write the equation.
$230 + x = $599
Now we need to find x.
Whatever we do to the equation, we do it to both sides.
Our goal is to isolate x on one side.
Subtract 230 from both sides.
$230 - $230 + x = $599 - $230
x = $369
The answer is A. $230 + x = $599 x = $369
Hope this helps! :)
-Peredhel
