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valkas [14]
2 years ago
11

Elijah just bought a house with a $72,000 mortgage at a 3.13% annual interest rate. How much of a $930 payment will go towards p

rincipal in the first month?
Mathematics
1 answer:
Mamont248 [21]2 years ago
6 0

Answer: $742.20

Step-by-step explanation:

The payments will be divided between an interest and a principal payment.

The interest payment will be based on the balance at the beginning of the period and the rest of the payment will be the mortgage.

Balance at beginning of period = $72,000

Interest payment = (3.13% * 72,000) / 12 months

= $187.80

Amount going towards principal:

= Total payment - Interest payment

= 930 - 187.80

= $742.20

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Find the area of the figure
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Answer:

132cm²

Step-by-step explanation:

You can find the area of the entire shape by calculating the area of seperate smaller shapes.

You can split them up into 2 rectangles, one with a base of 7cm and height of 4cm, and another one with a base of 7cm and height of 8cm. You also have 2 triangles, with a base of 19cm - 7cm / 2 = 6cm since it is the entire bottom line subtracted by the top; they will have a height of 8cm each.

To calculate the rectangles areas, simply do length x width, which are:

4cm x 7cm = 28cm²

8cm x 7cm = 56cm²

Next, since the triangles are similar in measurements, instead of doing the normal calculation to find the area of a triangle, you can do base times height again, which is:

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Add all the answers together to get the final area, which is 132cm².

8 0
2 years ago
How would you guys work this problem out
Effectus [21]
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8 0
3 years ago
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