Answer:
Principal element is $475.43
Interest payment is $390
Step-by-step explanation:
The amount of interest paid in month one is 4%*$117,000*1/12=$390
The interest is calculated based on the annual interest rate of 4% apportioned to reflect one month interest by multiplying by 1/12
The principal element of monthly payment is the monthly payment minus interest.
principal paid in month one=$865.43-$390=$475.43
Ultimately,$475.43 goes toward reducing her loan balance while the $390 is interest on loan
0.067 =67/100
0.3 =3/10
0.67 * 0.3 = 67/100 *3/10
(67*3) / (100*10)
=201/1000
=0.201
Answer:
A=5
Step-by-step explanation:frac{15s}{15}=frac{75}{15}
divide both sides by 15
Answer:
8 inches
Step-by-step explanation:
To find the area of a triangle, we use the formula
A = 1/2 bh where b is the length of the base and h is the height
A = 24 and b = 6
24 = 1/2 (6) * h
24 =3h
Divide each side by 3
24/3 = 3h/3
8 =h
The height is 8 inches
