Use an amortization table to solve the problem. Round to the nearest cent.The monthly payments on a  loan at 12% annual interest are  How much of the first monthly payment will go toward interest?

A. $920.44
B. $950.00
C. $1140.00
D. $125.51


Answer: B

Mathematics

You might also like to view...

Collect like terms and write in descending order.4x8 + 2x2 + 6x8

A. 12x2 B. 10x8 + 2x2 C. 12x18 D. Can't be simplified 

Mathematics

Identify the figure and name it using the labels shown.

A. ray FA, or 
B. ray AF, or 
C. line FA, or 
D. line segment FA, or 

Mathematics

Perform the indicated operation. Express your answer in simplest form. - 

A.
B.
C.
D.

Mathematics

Write the number   as a decimal numeral.

Fill in the blank(s) with the appropriate word(s).

Mathematics