Installment Loan
Principal
$1500.00
Term Length
4 years
How much of the first
payment for the
installment loan
6% shown in the table will
go towards interest?
Interest Rate
Monthly Payment
$35.00
A. $27.50
B. $7.50
C. $2.10
D. $32.90

Installment LoanPrincipal$1500.00Term Length4 YearsHow Much Of The Firstpayment For Theinstallment Loan6%

Answers

Answer 1

The amount of the first payment that will go towards interest is $7.50.

The answer is B. $7.50.

To calculate the amount of the first payment that will go towards interest for an installment loan, we need to consider the principal, term length, and interest rate.

Given:

Principal: $1500.00

Term Length: 4 years

Interest Rate: 6%

Monthly Payment: $35.00

To find the amount of interest paid in the first payment, we'll first calculate the total interest paid over the entire term and then divide it by the number of payments.

Calculate the total interest paid over the term.

Total Interest = Principal × Interest Rate × Term Length

Total Interest = $1500.00 × 6% × 4 = $360.00

Divide the total interest by the number of payments.

Interest in the First Payment = Total Interest / Number of Payments

Interest in the First Payment = $360.00 / (4 years × 12 months per year)

Interest in the First Payment = $360.00 / 48

Interest in the First Payment = $7.50

Therefore, the amount of the first payment that will go towards interest is $7.50.

The answer is B. $7.50.

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Related Questions

HELP find the area of the triangle I’ll mark brainest

Answers

Answer:

31.5 units.

Step-by-step explanation:

Area = BC * distance from BC extended to A/2

A to BC extended and the line is vertical from A to BC extended = 7+2 units

A to BC extended and the line is vertical from A to BC extended = 9 units This becomes the height

h = 9 units

BC = 7 units

Area  = 1/2 * h * BC

Area = 1/2 * 9 * 7

Area = 1/2 * 63

Area = 31.5

A right triangular prism is shown.
6 in.
11 in.
8 in.
What is the volume in cubic inches of the prism? Enter only the number.

Answers

The volume in cubic inches of the prism is 528 cubic inches.

What is volume?

Volume is defined as the space occupied by any object in the three-Dimensions. All three parameters are required for the volume like length, width and height of the Cuboid.

The volume is calculated as:-

V = L  x  W  x  H

V = 6  x  11  x   8  

V = 528 cubic inches

Therefore the volume in cubic inches of the prism is 528 cubic inches.

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How often should I study math per week?


I usually study every day but that's really tiring for me

I know this isn't the perfect place to put this question but I have no one else to ask sooo

Answers

Step-by-step explanation:

math is all about repetition. the more you do it and use it, the easier it gets. but burning yourself out by putting in to much time is no good either.

there is not a one sized fits all answer, do what's best for you.

Answer:

I'd say 20 minutes to 4 hours, but it really depends on what you're learning. For example, if you're having trouble with a math subject, you may want to divide it in half and practice a little each day.

Step-by-step explanation:

A recipe for lemonade requires 10 parts of water to
every 6 parts of lemon juice. How many cups of
water should be added to 30 cups of lemon juice
to make the lemonade?


Does anyone know this ??

Answers

Answer:

50 cups water

Step-by-step explanation:

10 cups water     = 6 cups lemon juice

x   cups water     = 30 cups lemon juice

To get from 6 to 30, we needed to do x5, so lets do that for 10 as well.

10x5 cups water = 30 cups lemon juice

50 cups water    = 30 cups lemon juice

20 points!! please help me with this :)

Answers

Answer:

The third graph

Step-by-step explanation:

y intecepts at (0, 4) and (0, 12)

the slopes are up 1 over 3 and up 3 over 1

True or False? Please help!!

Answers

True bc it’s anything greater than or equal to that

In triangle QRS, what is the approximate measure of angle Q?
OA. 87.7°
O B.93.2°
OC. 96.9°
OD. 45.99

Answers

I I believe the answer is B because A and D are to low

The approximate measure of angle Q will be 93.2°. Then the correct option is B.

What is law of cosine?

Let there is a triangle ABC such that |AB| = a units, |AC| = b units, and |BC| = c units and the internal angle A is of θ degrees, then we have:

a² + b² – 2ab cos C = c²

In a triangle QRS, the length of QR is 21, the length of RS is 32, and the length of SQ is 23.

Then the approximate measure of angle Q will be given as,

RQ² + SQ² – 2 × SQ × RQ × cos Q = RS²

    21² + 23² – 2 × 23 × 21 × cos Q = 32²

                 441 + 529 – 966 cos Q = 1024

                           970 – 966 cos Q = 1024

                                      966 cos Q = – 54

                                              cos Q = – 54 / 966

                                              cos Q = – 0.0559

                                                     Q = 93.2°

The approximate measure of angle Q will be 93.2°.

Then the correct option is B.

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3. Which of the following expressions is
equivalent to 6(9 + 4)? (Lesson 7.8)

Answers

Answer:

D

Step-by-step explanation:

6(g + 4)

we distribute the 6 to the terms in the parenthesis.

(6 × g) + (6 × 4)

(6g) + (24)

6g + 24

Find the measure of an arc formed by 1 slice of pizza

Answers

I believe the answer is 2.2 but i could be wrong and if so sorry.

What is the mean of the data set below?12, 11, 14, 14, 14, 12, 7

Answers

Mean is when you add all the numbers up and divided it by how many number there are in the data set...
So 7+11+12+12+14+14+14=84
There is 7 numbers in the data set...
So 84/7=12
12 is your mean
Hope this helps! Have a nice day :)

Hector's income is 78,000 dollars per year (52 weeks).

How much money does he make weekly?

Answers

Answer:

1,500.00

Step-by-step explanation:

Assuming 52 weeks in a year, you would make $1,500.00 per week.

Answer:

$1500

Step-by-step explanation:

Here, the question asks what hector's income per week is.

- Keep in mind that if you are asked what something is per unit, you will most likely need to divide. Example: This problem. See below for answer and explanation.

- If a question asks what something is of  a unit, you will most likely need to multiply. Example: 1/4 of a pizza with 4 slices (1 slice). To solve this, you will have to multiply 1/4 to 4. But never mind this, let's focus at this problem.

The bullet points above essentially explain what you have to do here. To find Hector's income, you have to do 78000/52. The answer to this is 1,500 ($1500).

I hope this helped :)

The height of a triangle is 2x and the base is x + 7. Write an expression that represents the area of the triangle.

Answers

Answer:

x^2 +7

Step-by-step explanation:

1/2×(x+7)(2x)

2x^2 + 14x/2

2(x^2+7)/2

=x^2 +7

1
1 unit
Area of the rectangle:
Area of the triangle:
Area of the figure:
O square
units
square units
square units

Answers

The picture isn’t loading

A(x): x²+nx+m Hallar n y m para que A(x) admita raíz -4 y el resto de dividir A(x) por (x-1) sea -20

Answers

-30x should be the correct answer for this

how to write 1 896 025
in words​

Answers

Answer:

one million eight hundred ninety-six thousand twenty-five

one million eight hundred ninety-six thousand twenty-five


PLACE VALUE
1- millions place
8- hundred thousands place
9- ten thousands place
6- thousands place
0- hundreds place
2- tens place
5- ones place

Triangle RST was dilated with the origin as the center of the dilation to create triangle R'S'T'. The triangle was dilated using a scale factor of 34.

The lengths of the sides of triangle RST are given.

Enter the lengths of the sides of the triangle R'S'T' below.
(Decimal values may be used.)


RS=8 units

R'S'=
units

ST=10 units

S'T'=
units

RT=12 units

R'T'=
units

NO SCAMMERS ALLOWED

Answers

ANSWER: R=6

S= 7.5

T=9

HELP HELP HELP ME OUT PLEASE WHATS THE ANSWER TO THIS YOU'LL GET 50+ BRAINLIEST POINTS PLEASE ANSWER CORRECTLY

Answers

500 people were surveyed.Just add all the numbers...
500 people were surveyed

What is the value of x?
30
v
O 45
T
(3x) °
O 55
-40
R
O 60
w
Intro

Answers

Answer:45

Step-by-step explanation:

The value of x by the given data is 190/3 or 63.33

What is Algebra?

Algebra is the study of abstract symbols, while logic is the manipulation of all those ideas.

The acronym PEMDAS stands for Parenthesis, Exponent, Multiplication, Division, Addition, and Subtraction. This approach is used to answer the problem correctly and completely.

We are given that;

The angles between the lines

Now,

To find the value of x, you need to use the fact that the sum of angles in a triangle is equal to 180°1. This means that:

30° + (3x)° + (-40)° = 180°

Simplifying, we get:

(3x)° - 10° = 180°

Adding 10° to both sides, we get:

(3x)° = 190°

Dividing both sides by 3, we get:

x = 190/3

Therefore, by algebra the answer will be 190/3 or 63.33.

More about the Algebra link is given below.

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Find the value of x.

Answers

Answer:

x = 33

Step-by-step explanation:

Like the previous question we are going to imagine that the only angle there is angle "x"

Angle "x" is now an inscribed angle and it's intercepted arc has a measure of 66 degrees.

Now remember that an inscribed angle is equal to half of its intercepted arc.

This means that x = half of 66

[tex]\frac{66}{2} =33[/tex]

Hence, x = 33


An inequality is two expressions that are
NOT equal, unlike an equation.
True
False

Answers

False have a good day

!!!!I REALLY NEED HELP!!!!!
Which of the following statements uses communicative property of multiplication?
A.8x4=4x8
B.2x(9x5)=(2x9)x5
C.1x10=10
D.7x0=0

Answers

according to me it's both a and b cause the product is not changing even after we are changing the order of the numbers

Flip two coins 200 times how many times will coins match

Answers

50 times(Theoretical probability)[tex]\frac{1}{2}[/tex] x [tex]\frac{1}{2}[/tex] = [tex]\frac{1}{4}[/tex]200 x [tex]\frac{1}{4}[/tex] = 50Please let me know if I am wrong.

Answer:

in all about 70

Step-by-step explanation:

Does 23^-1 (mod 1000) exist? If yes solve it.

Answers

Yes, 23 has an inverse mod 1000 because gcd(23, 1000) = 1 (i.e. they are coprime).

Let x be the inverse. Then x is such that

23x ≡ 1 (mod 1000)

Use the Euclidean algorithm to solve for x :

1000 = 43×23 + 11

23 = 2×11 + 1

→   1 ≡ 23 - 2×11   (mod 1000)

→   1 ≡ 23 - 2×(1000 - 43×23)   (mod 1000)

→   1 ≡ 23 - 2×1000 + 86×23   (mod 1000)

→   1 ≡ 87×23 - 2×1000 ≡ 87×23   (mod 1000)

→   23⁻¹ ≡ 87   (mod 1000)

A coin is flipped 150 times. The results of the experiment are shown in the following table:

Heads Tails
84 66

Which of the following statements best describes the experimental probability of getting heads?

Group of answer choices

It is equal to the theoretical probability.

It is 6% lower than the theoretical probability.

It is 6% higher than the theoretical probability.

The experimental probability cannot be concluded from the data in the table.

Answers

Answer:

The answer would be C. It is 6% higher than the theoretical probability.

Answer:

The correct answer is C. It is 6% higher than the theoretical probability.

Step-by-step explanation:

This is correct, I took the test.

Which line is perpendicular to the y-axis and goes through (-3,7)?​

Answers

Answer:

A  

Step-by-step explanation:

x = -3 goes straight through -3, 7 vertically

Benita spent 25% of her money on new shoes. The
shoes cost $20. How much money did she have
before buying the new shoes?

Answers

25% is 1/4 of 100% so to get the answer you multiply 20 by 4. 20x4=80. Benita had $80 before buying the shoes

The base and height of a triangle are 9 yards and 10 yards respectively. Find the area of the triangle.

Answers

Answer:

45

Step-by-step explanation:

1/2×9×10

since the formula says half base times height, so therefore

Area =45

find the arthmetic and the geometric means of 4 and 9

Answers

Answer:

Step-by-step explanation:

first term (a) = 4

last term (b) = 9

Arithmetic mean (AM)

= ( a + b) / 2

= ( 4 + 9 ) / 2

= 13/2

= 6.5

Geometric mean (GM)

= √a *b

=√4 * 9

=√36

= 6

hope it helps :)

Marc is a pharmacist and has documented the number of pills for the last 20 prescriptions he has filled. The data he recorded is in the table below. Assuming that Marc continues to fill prescriptions with number of pills that follow the same proportions, which of the following statements are true? Number of pills Prescriptions 101010 444 202020 444 303030 444 404040 555 505050 333 Total 202020 Choose all answers that apply: Choose all answers that apply: (Choice A) A In the long run, Marc can expect to fill prescriptions with 40 pills more often than he fills prescriptions with 50 pills. (Choice B) B The most likely number of pills in the next prescription that Marc fills is 40. (Choice C) C The expected number of pills in the next prescription that Marc fills is 29.5, point, 5. (Choice D) D The expected total number of pills in the next 20 prescriptions that Marc fills is 680.

Answers

Answer:

All except the one that ends with 680, so SELECT THE FOLLOWING:

✓In the long run, Marc can expect to fill prescriptions with 40 pills more often than he fills prescriptions with 50 pills.

✓The most likely number of pills in the next prescription that Marc fills is 40.

✓The expected number of pills in the next prescription that Marc fills is 29.5.

Step-by-step explanation:

I did it on Khan for an exam.

PLEASE HELP
will mark brainliest

Answers

Answer:

Sorry about last time I didnt answer correct hopefully you can forgive me but this one I know 100% its C hope that helps.

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