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
Answer:
1. Ali makes three straight long cuts along the diameter of the pizza.
2. Ali makes two straight long cuts along the diameter of the pizza.
Step-by-step explanation:
Answer:
D. 63%
Step-by-step explanation:
the white marble was picked out 41 of the 65 times, so 41/65
divide 41 by 65 in your calculator and you get .6307
then multiply it by 100 because it asked for a percentage and you get 63%
Ta-Da!
Answer:
The company has to produce more than 92 guitars and sell them for making a profit.
Step-by-step explanation:
These are the cost and revenue functions, where x represents the number of guitars to be manufactured and sold: R(x) = 120x, and C(x) = 100x + 1840.
Therefore, the condition for no loss-no gain for manufacturing x number of guitars is
R(x) = C(x)
⇒ 120x = 100x + 1840
⇒ 20x = 1840
⇒ x = 92
Therefore, the company has to produce more than 92 guitars and sell them for making a profit. (Answer)
Answer:
A
C
D
E
Step-by-step explanation:
Exterior angles can be described as the angles that are formed between the side of a polygon and the extended adjacent side of the polygon.
Or an exterior angle is the angle that is not inside the triangle formed.
The angles inside the triangle are interior angles.
Exterior angles are :
2
3
4
6
Interior angles are :
1
5