Answer:
(Interest rate/number of payments)*$170000= interest for the first month.
Interest amounts for all the months of repayment plus $170000=Total loan cost
Explanation:
Interest is the amount you pay for taking a loan from a bank on top of the original amount borrowed.
Factors affecting how much interest is paid are; the principal amount, the loan terms, repayment schedule, the repayment amount and the rate of interest.
The interest paid=(rate of interest/number of payments to make)*principal amount borrowed.
You divide the interest with number of payments done in a year where monthly are divided by 12.Multiplying it by loan balance in the first month which is your principal amount gives the interest rate to pay for that month.
You new loan balance will be= Principal -(repayment-interest)
Do this for the period the loan should take.
Add all the interest amount to original borrowed amount to get total cost of the loan after the period of time.
Answer:
note:
<u>solution is attached in word form due to error in mathematical equation. furthermore i also attach Screenshot of solution in word due to different version of MS Office please find the attachment</u>
A and C is the answer to the question. Be 15 years old & get a permit
Answer: False
explanation: for a bloodborne pathogen to spread you would have to have an open wound as well as the blood would have to get in it.
Answer:
B because as a textile engineer, your job is to help design and create fabric, including the equipment and materials needed for fabrication.
