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sp2606 [1]
2 years ago
11

Claudius took out an unsubsidized stafford loan at the beginning of his six-year college career. the loan had a principal of $4,

850, an interest rate of 6.5% compounded monthly, and a duration of ten years. if claudius started paying off the loan when he graduated, what is his monthly payment? round all dollar values to the nearest cent. a. $71.37 b. $81.25 c. $55.07 d. $76.55
Mathematics
2 answers:
insens350 [35]2 years ago
8 0

Answer:

b 81.25

seen it on quizlet

Step-by-step explanation:

aalyn [17]2 years ago
7 0

Answer:

b.

$81.25

Step-by-step explanation:

taking it rn

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15/79

Step-by-step explanation:

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5 0
3 years ago
In the past, 35% of the students at ABC University were in the Business College, 35% of the students were in the Liberal Arts Co
lesantik [10]

Answer:

The test statistic for Business College is -0.9944

The test statistic for Liberal Arts College is 1.1483

The test statistic for Education College is 0

Step-by-step explanation:

The percentage of ABC University college students in

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Liberal Arts College = 35%

Education College = 30%

The number of students in the sample = 300 students

In the sample, the number of students in;

Business College = 90

Liberal Arts College = 120

Education College = 90

Therefore;

The percentage of Business College students = 90/300 × 100 = 30%

The percentage of Liberal Arts College,  = 120/300 × 100 = 40%

The percentage of Education College, \hat p = 90/300 × 100 = 30%

The test statistic for the difference in two proportions is given as follows;

z=\dfrac{\hat{p}-p}{\sqrt{\dfrac{p \cdot q}{n}}}

Where;

\hat p = The sample proportion

p = The population proportion

q = 1 - p

n = The sample size

The test statistic for Business College is;

z=\dfrac{0.3-0.35}{\sqrt{\dfrac{0.35 \times 0.65}{90}}} \approx -0.9944

The test statistic for Liberal Arts College is;

z=\dfrac{0.4-0.35}{\sqrt{\dfrac{0.35 \times 0.65}{120}}} \approx 1.1483

The test statistic for Education College is;

z=\dfrac{0.3-0.3}{\sqrt{\dfrac{0.3 \times 0.70}{120}}} \approx 0

7 0
3 years ago
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Answer:

one is 11.5

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Step-by-step explanation:

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6 0
2 years ago
Harper plans to purchase her school pictures. The prints cost $108 plus any add-ons she wants to purchase. If she saves $18 per
Lemur [1.5K]

Answer:

It will take 6 weeks

Step-by-step explanation:

Weeks = x

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X = $108/$18

X = 6

So 6 weeks

4 0
3 years ago
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