Answer:
100% of the 2nd monthly payment go toward the repayment of principal.
Step-by-step explanation:
The loan taken is the Principal which is mentioned as $72,500 with interest at a nominal rate of 20%. Firstly, it is important to understand that nominal rate means <em>non-compounding </em>rate. Simply put will be a "<em>one-time charged" </em>rate on the loan. Since this is given as 20% of the Principal. It is calculated thus:
×
= $14,500. So the interest on the loan is $14,500. Added to the Principal the total amount to be paid back by the company becomes: $72,500 + $14,500 = $87,000. To pay back this amount at equal end-of-month installments in 1 year (12 months), we divide the total amount by 12. i.e
= $7250. This means, the monthly payment will be $7,250. Since the monthly payment pays only 10% of the initial principal $72,500. By the second month only 20% of the Principal would have been paid. So all of the monthly payment will go towards repaying the principal
<h3>
Answer: 2.244 seconds</h3>
Explanation:
The x coordinate of the left peak point is x = 1.870, and its neighboring peak point has an x coordinate of x = 4.114
The difference is 4.114 - 1.870 = 2.244
The period is 2.244 seconds, which is the time it takes to go from one peak to another adjacent. This is the same as going from one valley point to a neighboring valley point.
Answer:
It is C I am good at math
Step-by-step explanation:
Answer: B. -9/8
Step-by-step explanation: