Quarterly payment (before Svc Chg): PV 35,125, N 40, R 1.86% computes to Annuity of 1,252.70
Total paid (1,252.70 x 40) 50,108 - 35,125 = 14,983 Interest paid + 5,180.70 Svc Chg = 20,163.70, of which Svc Chg was 25.69%
In order to figure this out, you are going to do the math backwards. If the perimeter of the entire field is 96 meters, you will want to remove 16, which will give you 80 meters. You will then divide this by 2, giving you 40 meters. The width of the field will be 40 meters. That means that the length of the field is going to be 56 meters.
Answer: 548654, 550654, 995841, 1256441, 1485554, 1547521, and 1547656
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Answer:
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