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
Printer A
y = 14x
Printer B
Time(min) | 3 | 5 | 8 | 12 |
Pages printed | 48 | 80 | 128 | 192 |
Printer A prints 14(1) = 14 pages per minute.
Printer B prints 48/3 = 16 pages per minute.
The printer that prints at a faster rate is printer B.
There would be 20 ounces of juice in a container in 6 seconds.
Hope This Helps!
$605 / $55 = 11
She will have to sell 11 rings to earn $605.
C) $55 x w = $605
Hope this Helps!!
Answer:
The answer is C. Lila made an error in Step 3 when she did not use the x- and y-coordinates from the same ordered pair.
Hope this helps!
Stay safe at home :)
(those of you doing edge hang in there!)
