Solve the problem using the amortization table when necessary.AMORTIZATION (PRINCIPAL AND INTEREST PER THOUSAND DOLLARS)
The monthly payments on a $86,000 loan at 7% interest for 25 years is $608.02. How much of the first monthly payment will go toward the principal?
A. $565.46
B. $501.67
C. $106.35
D. $42.56
Answer: C
You might also like to view...
Rewrite the expression with a positive rational exponent. Simplify, if possible.9-3/2
A. 
B. 
C. - 
D. - 
A family has 5 children. If the probability that each child is a girl is 0.5, what is the probability that 4 of the children are girls? Round your answer to six decimal places. ?
A. Pr(4 Girls) = 0.078125 B. Pr(4 Girls) = 0.039063 C. Pr(4 Girls) = 0.156250 D. Pr(4 Girls) = 0.062500 E. Pr(4 Girls) = 0.125000
Indicate whether the equation represents an ellipse, hyperbola, circle, or parabola. In equations that contain both x2 and y2 terms, divide both sides of the equation by the constant term to put the equation in a more recognizable form.5x2 + 5y2 - 12y = 2
A. Ellipse B. Hyperbola C. Circle D. Parabola
Simplify the expression. First use the distributive property to remove any parentheses.
(9x + 8) - 
(6x - 9)
A. - 
B. - 
C. 
D. 