Mathematics, 22.10.2019 20:50 bhale2030

Kathleen o’rourke obtained a home improvement loan of $2,000 at 10 percent for 12 months. the monthly payment is $175.80. what portion of the first payment is toward principal ?

a.) $8.79
b.) $16.67
c.) $159.13
d.) $167.01

Answers: 3

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Kathleen o’rourke obtained a home improvement loan of $2,000 at 10 percent for 12 months. the monthl...

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Kathleen o’rourke obtained a home improvement loan of $2,000 at 10 percent for 12 months. the monthly payment is $175.80. what portion of the first payment is toward principal ? a.) $8.79 b.) $16.67 c.) $159.13 d.) $167.01

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Another question on Mathematics

Kathleen o’rourke obtained a home improvement loan of $2,000 at 10 percent for 12 months. the monthly payment is $175.80. what portion of the first payment is toward principal ?

a.) $8.79
b.) $16.67
c.) $159.13
d.) $167.01