Given that
starting outstanding balance = $150000
rate of interest = 7.5% per year
so rate of interest for 1 month = (7.5/12)% = 0.635%
outstanding balance before 1st monthly payment = starting outstanding balance + 0.625% of interest on starting outstanding balance
= 150000 + (0.625 /100) × 150000
= 150000 + 937.5 = $150937.5
Reduction = outstanding balance after one month - first monthly payment
Reduction = $150937.5 - 1010.10 = 149927.40
so out of first payment of $1,010.10 , $937.5 goes towards interest and remaining $72.6 goes towards reduction of principal that is 150000 - $72.6 = 149927.40.
so correct option is B that is $149927.40.
Answer:
s = - 1 ±
Step-by-step explanation:
Given
s² + 2s - 6 = 0 ( add 6 to both sides )
s² + 2s = 6
To complete the square
add ( half the coefficient of the s- term )² to both sides
s² + 2(1)s + 1 = 6 + 1
(s + 1)² = 7 ( take the square root of both sides )
s + 1 = ± ( subtract 1 from both sides )
s = - 1 ±
Thus
s = - 1 - , s = - 1 +
Answer:
0.5
Step-by-step explanation:
Answer:
<h2 />
Step-by-step explanation:
ur answer I have the link
Answer: 6 days
Explanation: If he washes 75 cars in 5 days; and you need to find how many days it takes to wash 90 you do 75 divided by 5 which is 15; so he washes 15 cars in a day, then do 90 divided by 15 which is 6 days