Answer:
Hello, my name is 1frogaroni feel free to ask any questions about algebra such as equations you don't understand. I will try my best to help you out with your question :)
Step-by-step explanation:
Oh and welcome to brainly where the community will be glad to help you!
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:
10x^2 - 11x - 6
Step-by-step explanation:
(5x+2)(2x-3)
= 10x^2 - 15x + 4x - 6
= 10x^2 - 11x - 6
Answer:
4/18
Step-by-step explanation:
Answer:
6.0
Step-by-step explanation:
: (2.0+(2.0+2.0)) = 6.0
