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
Step-by-step explanation:
$1.80 per pound
The amount she's supposed to buy it is
1.80 × 12.5 = $22.5
She paid $21.25 for the 12.5 pounds, that means she saved
$22.5 - $21.25 = $1.25
the amount she saved per pound is
1.25/12.5 = $0.1 per pound
Answer:
Step-by-step explanation:
im pretty sure its 35/55
because 25*2
=50+2
=55
15*2
=30+2
=35
Year Sam Sally1: X (3/2)X-10002: (5/2)X-2000 2X-15003: X/5+1000 X/4+1400Total 37X/10-1000 15X/4-1100
Since their investments are known to be equal, we equate the two totals and solve for X.37X/10-1000=15X/4-1100(150-148)X/40 = 1100-1000X/20=100X=2000
So Sam invested $2000 the first year.Sally invested X/4+1400=1900 in the last year.
A wall is in the shape of a trapezoid and it can be divided into a rectangle and a triangle. A triangle is with angles 45°- 45° - 90°. The hypotenuse of that triangle is 13√2 ft.Using the 45° - 45° - 90° theorem, sides of that triangle are in the proportion:x : x : x√2, and since that x√2 = 13√2 ( hypotenuse ), x = 13.Therefore h = 13 ft.We can check it: c² = 13² + 13²,c² = 169 + 169c² = 338c = √ 338 = 13√2Answer: h = 13 ft