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:

answer: standard form is ax^2 + bx + c = 0

step-by-step explanation:

standard form is ax^2 + bx + c = 0

(2x + 1)(x - 2) = 0

distribute to get into standard form

2x^2 - 4x + x - 2 = 0

2x^2 - 3x - 2 = 0

a = 2, b= -3, c = -2

a is your answer