I need immediate help! Will fan and medal!
1.) Charley Bateman obtained a loan of $2,400 to install a solar panel on his roof. The interest rate is 12% and the monthly payment is $113.04. How much of the first monthly payment covered principal?
A.)$110.00
B.)$89.04
C.)$109.35
D.)$98.25

Question

I need immediate help!  Will fan and medal!
1.) Charley Bateman obtained a loan of $2,400 to install a solar panel on his roof. The interest rate is 12% and the monthly payment is $113.04. How much of the first monthly payment covered principal?
 A.)$110.00
B.)$89.04
C.)$109.35
D.)$98.25

anonymous · Answer

i think the answer is d if not then its b