Answer:
total payment = $563,760
Interest = $383,760
Principal part = $66
Step-by-step explanation:
(a) total payment:
n = 30 years = 360 months
monthly payment = $1,566
Total payment = $1,566 * 360 months = $563,760
(b) interest:
Total payment = $563,760
Principal = $180,000
Total payment = Principal + Interest
Interest = Total payment - Principal
Interest = $563,760 - $180,000 = $383,760
(c) part of first payment applied to the principal:
First payment = $1,566
Principal = $180,000
Interest rate = 10% yearly = 10% / 12 = 0.8333% = 0.008333 monthly
Monthly interest = Principal * Interest rate = $180,000 * 0.008333 = $1,500
Principal part = $1,566 - $1,500 = $66
Hope this helps!
So if it is 60 miles per hour it is basically 60 miles per 60 minutes. when you simplify it, it is going to be 1/1=1 The answer is 1 mile per minute
Answer:
6.33... and 0.333...
Step-by-step explanation:
The quadratic formula is
.
It is important because while some quadratics are factorable and can be solved not all are. The formula will solve all quadratic equations and can also give both real and imaginary solutions. Using the formula will require less work than finding the factors if factorable. We will substitute a=9, b=-54 and c=-19.
We will now solve for the plus and the minus.
The plus,,,
and the minus...