Nevaeh took out a 20-year loan for $155,000 at 3.6% interest, compounded monthly. If her monthly payment on the loan is $906.93, how much of her first payment went toward note reduction?A. $441.93

B. $465.00

C. $906.93

D. $326.49

Answers

Answer 1
Answer:

Answer:

A. $441.93

Step-by-step explanation:

Given that Nevaeh took out a 20-year loan for $155,000 at 3.6% interest, compounded monthly and  her monthly payment on the loan is $906.93

Let us calculate EMI schedule for 155000 for 20 years

Out of EMI 906.93, 441.93 will be for note reduction.

There are four options given as

A. $441.93

B. $465.00

C. $906.93

D. $326.49

Correct answer is option A) 441.93$


Related Questions

One cup of popcorn kernels makes four cups of popped corn. There are eight cups of kernels in a bag. How many cups of popped corn will one bag of kernels make?​
What is 28% of 250 Takis?
Describe how the graph of y | x| -4 is like the graph of y= |x| and how it is different.
Having trouble with this one
The ratios a:b and b:c are equivalent to one anotherSelect all the statements that must be true 1. a=c 2. b/a = c/b 3. b-a = c-b 4. a 5. if a=b, then b=c

What is the value of x in the equation 8+4 = 2(x-1)?
5
11/2
13/2
7

Answers

Answer:

x = 7

Step-by-step explanation:

I hope this helps!

Which of these situations fit the conditions for using Bernoulli​ trials? Explain. ​a) You are rolling 66 dice and need to get at least fourfour 33s to win the game. ​ b) We record the distribution of home stateshome states of customers visiting our website. ​ c) A committee consisting of 1212 men and 88 women selects a delegation of 44 to attend a professional meeting at random. What is the probability they choose all​ women? ​ d) A study found that 5757​% of M.B.A. students admit to cheating. A business school dean surveys all the students in the graduating class and gets responses in which cheating was admitted by 354354 of 542542 students.

Answers

Answer:

Experiments a) and d) fit the conditions for using Bernoulli trials.

Step-by-step explanation:

A Bernoulli trial is one where the variable is random and dichotomic, that is, it only has two possible outcomes, True/Sucess/Yes/etc. or False/Failure/No/etc. Also, each experiment has the same probability of sucess than the one before and the one after, that means, they are independent. This probability can be calculated by dividing the number of sucess cases by the number of total cases.

Experiment a), where you need four 3s is a Bernoulli trial, as getting a 3 is sucess and not getting a 3 is a failure, and each roll of the dice is independent from each other.

Experiment b) is not a Bernoulli trial as they are more than 2 possible outcomes for the home state of the customer (50 in the case of the US).

Experiment c) is not a Bernoulli trial, as they will be chosen at random, but the first woman will have different chances to be chosen than the fourth one (if they are 20 people, the first one will have 1/20 and the fourth 1/17, as one can't be chosen more than one time).

Experiment d) is a Bernoulli trial, as a student either admits cheating or not, and we can assume that every response was independent from each other.

What is the result of 72 divided by 12? 6 8 9 12

Answers

Answer:

the answer is 6

Step-by-step explanation:

Answer:

6

Step-by-step explanation:

Hope this helps!!!!!!

Eric has attended summer camp for 5 weeks every summer for 6 years. How many days has he attended camp in 6 years?

Answers

Answer:

210 days

Step-by-step explanation:

There are 7 days in a week and since he goes for 5 weeks every summer, he goes for 35 days every year. Since he has attended for 6 years, multiply 35 by 6 to get 210, the number of days he has attended camp for.

Answer:

210 days

Step-by-step explanation:

Eric has attended 5 weeks summer camp for a year.

They are asking for 6 years

∴6*5 = 30 weeks Eric had totally in 6 years.

But they want the answer in days:

1 week      = 7 days

30 weeks = 30*7    = 210 days

(If this helps you I am happy, if there is a mistake let me know.)

Your welcome

Suppose you have saved m dollars for the party. Since you have been doing a lot of chores, your father decides to give you double the amount you have saved. You spend s dollars to throw the party. Which expression represents the amount of money you have left?

Answers

Answer:

m+2m-s

Step-by-step explanation:

Answer:

A: M + 2m - s

Step-by-step explanation:

On a coordinate plane, an absolute value graph has a vertex at (1, negative 2.5). The graph shows the function f(x) = |x – h| + k. What is the value of k? k = –2.5 k = –1 k = 1 k = 2.5

Answers

9514 1404 393

Answer:

  (a)  k = –2.5

Step-by-step explanation:

When the function f(x) is transformed to f(x -h) +k, the graph is translated h units right and k units up.

If the absolute value function has its original vertex of (0, 0) moved to (1, -2.5), then (h, k) = (1, -2.5).

The value of k is -2.5.

_____

Additional comment

The above answer applies to the given problem statement. The question asked in the comment has a vertex of (0, 2.5), so (h, k) = (0, 2.5) for that question.

If you're going to copy the answer, make sure it is the answer to the question you're looking at.

In an absolute value function expressed as f(x) = |x – h| + k, the value of k corresponds to the y-coordinate of the function's vertex. In this case, as the vertex is at the point (1, -2.5), the value of k is -2.5.

The student's question relates to the concepts of Two-Dimensional (x-y). Graphing and the graphing of the absolute value function. It is vital to remember that the vertex of an absolute value graph in the form f(x) = |x – h| + k corresponds to the point (h, k) on the Cartesian coordinate plane. The student states that the vertex is at the point (1, -2.5), so based on our function analysis, the value of k, which represents the y-coordinate of the vertex, is -2.5. Therefore, the correct answer is k = -2.5.

For more about Absolute Value Graph here:

brainly.com/question/19848212

#SPJ3