Solve the problem.The monthly payment on a(n) $89,000 loan at 3% annual interest is $493.59. What is the balance of principal after the first monthly payment?

A. $88,185.76
B. $89,222.50
C. $88,728.91
D. $88,644.00


Answer: C

Mathematics

You might also like to view...

Find the product of the given complex number and its conjugate.6

A. 6
B. 6
C. 6
D. 36

Mathematics

Identify the numbers from the given list that belong to the indicated set. 12, , -22, 0, , - , 1.8, Whole numbers

A. 12, -22, 0
B. 12, 0, 
C. 12, -22, 0,  
D. 12, 0

Mathematics

The pH of a solution is given by the formula , where  is the concentration of hydrogen ions in moles per liter in the solution. Use this formula to solve the problem.Find the pH value of a sample of lake for which [H+] = 0.00000000305. Round to the nearest tenth.

A. 8.5 B. 7.3 C. 6.4 D. 10.1

Mathematics

The velocity of a dragster t seconds after leaving the starting line is  ft/sec. What is the distance covered by the dragster in the first 12 seconds of its run? Round the answer to the nearest whole number. ?

A. 1,306 ft B. 832 ft C. 1,069 ft D. 358 ft E. 595 ft

Mathematics