Answer:
The new mortgage repayment is $10,580.69
Step-by-step explanation:
As at the time Douglas lost his job,he has already made repayments on the mortgage for a period of 7 years,by extending the repayment period by another 7 years,Douglas now have a period of repayment of 30 years now(30-7+7).
The new repayment yearly can be computed using the pmt formula in excel as given below:
=pmt(rate,nper,-pv,fv)
rate is the interest rate on mortgage given as 4.25%
nper is the period of repayment now 30 years
pv is the current of balance of $177,533.62
fv is the total amount repayable on the mortgage and it is not known hence taken as zero
=pmt(4.25%,30,-177533.62,0)=$10,580.69
Answer:
A u B = {3,5,6,7,8,11,12}
Step-by-step explanation:
A = {3,6,7,11}
B = {3,5,7,8,12}
A u B = {3,5,6,7,8,11,12}
He would spend $, he spent $320 for just renting the limousine then spent an extra $32 for the 10% tip
Answer:
Distribution 4, mean is 20 and standard deviation is 3.2
Step-by-step explanation:
The standard deviation tells us on average how far each of our data values is from the mean. A standard deviation that is larger than the others will mean a distribution that is more spread out than the others; 3.2 is the largest standard deviation, so Distribution 4 has the greatest spread.
Answer:
sdddddddddddddddddddddddddssa
Step-by-step explanation: