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: x = -4 or x = 7
Step-by-step explanation:
x^2 - 3x - 28 =/>
(factor)
(x^2 + 4)(x-7) = 0
x + 4 = 0 or x - 7 = 0
(subtract -4 from 0 and 7 from 0)
x = -4 or x =7
Answer:
ABC
Step-by-step explanation:
They are on the same line.
Answer:
It is the y=intercept
Step-by-step explanation:
Because if there is no x-value and there is a Y-value, y-intercept
Answer:
35 like rap 25 dont like rap
Step-by-step explanation:
