Ali obtained a 36 month loan of 4,350 for a used car. the interest rate is 8%. his monthly payment is 124.62. what is the payment to principal for the first payment

8 % of 4350 is a rate of $348 / yr or $29 per month.

So 124.62 - 29 = 95.62 towards the principal for the 1st month.

That would leave a balance due of 4350 - 95.62 = 4254.38.

4254.38 * .08 = 340.35.

340.35 / 12 = 28.36  interest to be paid in the second month with

124.62 - 28.36 = 96.26 going towards payment of the principal.

Step-by-step explanation:

y=−9/2x+10

step-by-step explanation:

let's solve for y.

0−9x−2y=−20

step 1: add 9x to both sides.

−9x−2y+9x=−20+9x

−2y=9x−20

step 2: divide both sides by -2.

−2y

−2

=

9x−20

−2

y=

−9

2

x+10

step-by-step explanation: