Use the following chart to explain how the amount of principal affects the total cost of the loan. loan repayment period loan 1 loan 2 principal $5,000 $6,000 interest rate 6.47 percent 6.47 percent monthly payment $98 $117 loan repayment period five years five years total cost of the loan $5,866 $7,039

The principal is the amount borrowed. It affects the total cost because this is the basis amount that affects the cost.

if im not wrong, i believe you just $7 on the first year, and then 10% of 77 as so on

the answer is:

in a biology class, the teacher started explaining a new lesson about the dna structure. personally, i found this lecture hard to understand. so i decided to use my critical thinking skills to be able to understand it. i analysed the different ideas, and broke them down into smaller parts to assimilate each. then i started evaluation and tried to link what i am learning with real life experiences so that i can make sure that i know how everything i am learning relates. finally, i started questioning by researching more what i learned and asking more questions that can me through my learning process. reflecting on the information meant that i should review it. all this me greatly understand what i previously found hard to understand.

hope it !