Suppose you borrow $40,000 at 13% APR for a 12-year term to be paid monthly. Your monthly payment is $450.00. How much of your first payment goes toward interest?
Please show your work.
Interest allocation formula: r/# of pays in a year*principal= interst

Tom is the deli manager at a grocery store. he needs to schedule employee to staff the deli department for no more that 260 person-hours per week. tom has one part-time employee who works 20 person-hours per week. each full-time employee works 40 person-hours per week. write and inequality to determine n, the number of full-time employees tom may schedule, so that his employees work on more than 260 person-hours per week. graph the solution set to this inequality.