Eugene Merzbacher obtains a 20-year, $85,250 mortgage at 11% on a house selling for $105,000. His monthly payment, including principal and interest, is $879.78. How much of the first payment on the mortgage is applied to the principal? Select one: a. $879.78 b. $98.32 c. $186.30 d. $10.34

step by step solution :

step   1   :

1.1     4 = 22

(4)3 = (22)3 = 26

equation at the end of step   1   :

  ((23) • 26)2

step   2   :

equation at the end of step   2   :

  (23 • 26)2

step   3   :

final result :

  218

ya

the answer is -1 for this question

step-by-step explanation:

answer is b.

15

i got this one as well.