Business, 23.03.2020 22:46 puppy4151

How do these values change for the second payment? The portion of the payment that is applied to interest declines, while the portion of the payment that is applied to principal increases. The portion of the payment that is applied to interest increases, while the portion of the payment that is applied to principal decreases.

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Answer from: Wolfb21345

Each payment for January will receive a dollar amount of $1,204

$750 is the total Interest amount included in the first payment

Repayment of principal amount is shown in below mentioned table .

PeriodBeginning balancePaymentInterestPayment of principalEnding Balance

115,0001,20475045414,546

214,5461,20472747614,070

314,0701,20470450013,570

413,5701,20467852513,045

513,0451,20465255112,493

612,4931,20462557911,914

711,9141,20459660811,306

811,3061,20456563810,668

910,6681,2045336709,998

109,9981,2045007049,294

119,2941,2044657398,555

128,5551,2044287767,779

137,7791,2043898156,965

146,9651,2043488556,109

156,1091,2043058985,211

165,2111,2042619434,268

174,2681,2042139903,278

183,2781,2041641,0402,238

192,2381,2041121,0921,146

201,1461,204571,1460

The portion of the payment that is applied to interest declines, while the portion of the payment that is applied to principal increases.Value change for second period is shown as under:

PeriodBeginning balancePaymentInterestPayment of principal

115,0001,203.65750.00453.65

214,546.351,203.65727.32476.33

Interest reported for first year is $1,477

No,interest will not be same next year.

As the loan is amortized (paid off), the beginning balance,hence the interest charge, declines and the repayment of principal increases

Answer from: Quest

Ithink the most approximate answer would be b.i hope it you!

Answer from: Quest

$527.7.if the following was the question $527.7 is the answer.students who are trying to raise funds have an agreement with a local pizza chain. the chain has agreed to sell them pizzas at a discount, which the students can then resell to families in the local community for a profit. it is expected that of the 500 families in the community, at most 70% will buy pizza. based on a survey of their personal preferences, the students believe that they should order no more than 120 cheese pizzas, no more than 150 pepperoni pizzas, and no more than 100 vegetarian pizzas. they also want to make sure that at least 20% of the total pizzas are cheese and at least 50% of the pizzas are pepperoni. they make a profit of $1.45, $1.75, and $1.98, respectively, for each cheese, pepperoni, and vegetarian pizza they resell. how many pizzas of each type should they buy?

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