Use an amortization table to solve the problem. Round to the nearest cent.The monthly payments on a  loan at 13% annual interest are  How much of the first monthly payment will go toward the principal?

A. $914.11
B. $136.59
C. $1029.17
D. $21.53


Answer: D

Mathematics

You might also like to view...

Write the given terms as like radicals, if possible. If any variables exist, assume that they are positive.

A. 9, xy
B. 3, xy
C. 9, xy
D. Not possible

Mathematics

Solve the problem.How long will it take for $3000 to grow to $38,800 at an interest rate of 6.2% if the interest is compounded continuously? Round the number of years to the nearest hundredth.

A. 4.13 yr B. 0.41 yr C. 4128.72 yr D. 41.29 yr

Mathematics

Provide the proper response.Describe the graph of the equation (x - 3)2 + (y - 3)2 = 0.

What will be an ideal response?

Mathematics

For the graph of a circular function y = f(x), determine whether f(-x) = f(x) or f(-x) = -f(x) is true.

A. f(-x) = f(x) B. f(-x) = -f(x)

Mathematics