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
Answer:
<em>Your Interquartile range (IQR) would be 19.</em>
Step-by-step explanation:
-5, 1, 3, 7, 8, 10, 32, 36
Median: 7.5
Lower quartile: 2
Upper quartile: 21
Interquartile range: 21 - 2 = 19
Which of the lists is in order from smallest to largest? 1,330; 3,130; 3,310; 3,031 3,130; 3,031; 3,310; 1,330 1,330; 3,310; 3,0
lesantik [10]
Its the 4th because, 1,330 is the smallest then 3,031 is the second then, 3,130 is the third then fourth is 3,310
Given:
Normal price of a tv = $200
Coupon = 25% off
To find:
The money saved by Katherine.
Solution:
Katherine buys a tv with a normal price of $200 and she has a 25% off coupon. It means, the money saved by Katherine is 25% of normal price of tv, i.e., $200.
Therefore, the money saved by Katherine is $50.
