Factor the expression using the GCF. 76d-24=
1 answer:
Answer:
Factoring the expression using the GCF we get
Step-by-step explanation:
We need to factor the expression using the GCF :
GCF stands for greatest common divisor.
We need to find the greatest number that is divisible by both terms.
The greatest number that is divisible by both terms is 4
So, Now factoring the term:
So, factoring the expression using the GCF we get
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As given,
Loan amount is = $45000
Rate of interest = 8.5%
So, Tony's mortgage will attract an interest of:
= $3825 (this is yearly)
And for 1st month it will be = = $318.75
As given, the first month's payment is $390.60 and this covers the interest Additional amount ($390.60 - $318.75 = $71.85) is a payment against the principle.
Hence, the new principle after the 1st month is $71.85 less than $45000
= 45000-71.85 = $44928.15
Hence, the last option $44928.15 is the correct answer.