A ten-year adjustable rate mortgage loan of 23,115 is being repaid with quarterly installments of 1,000 based upon an initial interest rate of 12 percent compounded quarterly. Immediately after the twelfth payment the interest rate is increased to 14 percent compounded quarterly. The quarterly installments remain at 1,000. Calculate the loan balance immediately after the 24th payment.

$527.7.if the following was the question  $527.7 is the answer.students who are trying to raise funds have an agreement with a local pizza chain. the chain has agreed to sell them pizzas at a discount, which the students can then resell to families in the local community for a profit. it is expected that of the 500 families in the community, at most 70% will buy pizza. based on a survey of their personal preferences, the students believe that they should order no more than 120 cheese pizzas, no more than 150 pepperoni pizzas, and no more than 100 vegetarian pizzas. they also want to make sure that at least 20% of the total pizzas are cheese and at least 50% of the pizzas are pepperoni. they make a profit of $1.45, $1.75, and $1.98, respectively, for each cheese, pepperoni, and vegetarian pizza they resell. how many pizzas of each type should they buy?

The correct answer is "c) beginning inventory for the first quarter"