Interest paid on the outstanding balance

Assignment Help Mathematics
Reference no: EM131073731

An amount of $20,000 is borrowed for 3 months at a rate of 8.6%. Make an amortization schedule showing: payment number, monthly payment amount, interest paid on the outstanding balance, portion of principle paid, and outstanding (unpaid) balance.

Reference no: EM131073731

Questions Cloud

How it is related to the partitioned system matrix : If A11 is invertible, then the matrix S = A22 - A21-1 A11 A12 is called the Schur complement of A11. Likewise, if A22 is invertible, the matrix A11 A12 - A-122 A21 is called the Schur complement of A22. Suppose A11 is invertible. Find X and Y such..
Add a linear trendline with the equation : Plot the following points on a rectilinear grid. Add a linear trendline with the equation and R2 value. Re-plot the graph on a semilog grid to determine if an exponential equation (y = bemx) is a good representation of the data. Add a trendline with ..
Describe what must be computed in order to update gk : describe what must be computed in order to update Gk
Evaluate plan in terms of market incentives : Evaluate plan in terms of market incentives, one of the ten principles of economics, to work and current welfare programs. Is the Phelps' plan an improvement over current government policies? Discuss.
Interest paid on the outstanding balance : Make an amortization schedule showing: payment number, monthly payment amount, interest paid on the outstanding balance, portion of principle paid, and outstanding (unpaid) balance.
How much should you now deposit monthly : You need $5100 in 3 years. How much should you deposit each month in an in an ordinary annuity account that pays 8% in order to achieve your goal? Now suppose you decide to make a deposit at the beginning of each month instead, how much should you..
Find the equation of a plane : a) Find the equation of a plane Q that is perpendicular to P, and Q contains (-2,3,1) and (1,2,3) b) Find the equation of the sphere centered at (1,2,3) tangent to P.
Measure for the third angle : Two angles of a triangle measure 15 degrees and 85 degrees. What is the measure for the third angle?
Show that the schur complement s of a11 is invertible : Show that the Schur complement S of A11 is invertible.

Reviews

Write a Review

Mathematics Questions & Answers

  Linearly dependent set of three vectors

What is an example of a linearly dependent set of three vectors with the property that any single vector can be removed from the set without changing the span of the set?

  Which scale will allow her to make the tallest model

A building is 133 feet tall. For a class project, Kari is to make a scale model of the building to place in the front hall display case. The display case is 17 inches tall. Which scale will allow her to make the tallest model that will fit in the ..

  Write the name of congruent angles from the given

write the name of congruent angles from the given figure.parallel lines bd and eg are intersected by line ah. eight

  Trigonometry and trigonomic function

Imagine that you are teaching someone trigonometry and trigonomic functions. Choose the approach (i.e. the unit, circle, or right angles ) that you would use. Support your answer by listing the pros and cons of each approach.

  Which locker doors will be open when the process is complete

You follow the same pattern for every fourth, fifth locker and so on up to every thousandth locker. Which locker doors will be open when the process is complete?

  How to find the dimensions of a open box

how to find the dimensions of a open box when all you have is the volume which is 6000?

  What year is it in japan right now

What year is it in Japan right now. This is a Math question and I believe it has something to do with with change in Calendar systems and the fact Japan drops a month.

  Write an expression to name the tempertaure

the temperature at the pool was 65 degrees F at 6:00 a.m. write an expression to name the tempertaure at 5:00 p.m. after it rose 7 degrees.

  What is its de broglie wavelength

Consider a flea of mass 4.5×10-4 at 1.0 m/s midway through its jump. What is its de Broglie wavelength?

  Determining cubic graph

George has decided that a distribution of data is cubic, that is it has the general form of a function "f(x)=x^3" if the point on the curve that should be at (0,0) is found at (-3,7) and the point.

  Show that the equation of the tangent line to the parabola

1 a show that the equation of the tangent line to the parabolay2 4px at the point x0 y0 can be written asy0y 2px x0b

  His friend sam points out that this equation fails at one

for a class assignment andrew is trying to find a general equation for the nth derivative of fx 2xex and he comes up

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd