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The formula for the amount of a monthly payment A on principal amount P at interest rate i loaned for t years is given by
... A = P(i/12)/(1 -(1 +i/12)^(-12t))
Filling in the given values, this is
... A = $204000(.05/12)/(1 -(1 +.05/12)^(-12·20)) ≈ $1346.31
Its when x+-1 because thats when f of x or f(x) is highest
The answer is:
A Ramdom variable is a function that assigns a numerical value to every possible outcome in a sample space.
It is a number that represents a result of an event or a random experiment. This variable does not depend on other factors and its values are random, without a specific order. For example: when you roll a dice, the number that you get is a random variable, because in 6 attempts you may get 1,6,4,2,2,5 and then, in another 6 attempts, you may get 3,3, 6,2,1,6.
