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.
So, we have x=√8x. The square root is a number times itself, so x=√x*x. That means that 8 is x.
The answer to this question whould be that the area is 20
The problem deals with fractions comparison, lets do it:
21/30 > 2/3
we begin solving:
21 > (2/3)*30
21 > 2*10
<span>21 > 20
</span>therefore the proposed inequality is true, <span>21/30 > 2/3
You can solve as well getting same denominator for both fractions and comparing directly, in this case we need to get 2/3 to be divided by 30:
2/3 = (10/10)(2/3) = 20/30
So we have:
</span><span>21/30 > 2/3
</span>which is equal to:
<span>21/30 > 20/30
</span>and we compare directly because both fractions are divided by the same number, and we can see that the inequality is true.
Answer: $265
Step-by-step explanation: Fran has a monthly income of $2940, and she budgets 9% of it for groceries. 9% of $2940 is $265 dollars.
Hope this helps!
