<span>There is a formula for a loan : A = P * r * ( r + 1 ) ^n / (( r + 1 ) ^n - 1 ), where P is the loan and A is the monthly payment. So P = $4,250 and r = 0.1325 : 12 = 0.011. ( 13.25 % = 0.1325 and we divide it by 12, because the interest is compounded monthly ). A = 4,250 * 0.011 * 1.011^(24) / ( 1.011^(24) - 1 ) = 4,250 * 0.11 * 1.3 / 0.3 = 4,250 * 0.0477; A = $202.55. Finally we have to multiply this sum by 24 : the total finance charge: $202.55 * 24 = $ 4,861.20. Answer: D ) $4,861.20 </span>
The percent of his monthly income that will be budgeted for the utilities will be approximately 5.21%.
According to the question,
We have the following information:
Greg evaluated his spending and found that he was spending about $50 more per month on utilities than he has budgeted. He can transfer money from other categories to increase his utilities budget to $125 per month. If his total monthly income is $2,400.
Now, let's take the percent to be x.
We have the following expression:
2400*x/100 = 125
24x = 125
x = 125/24
x = 5.21%
Hence, the percent of his monthly income that will be budgeted for the utilities will be approximately 5.21%.
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If you square 3, you get 9, and if you "take the square root of 9", you get 3
\left[y \right] = \left[ -5\right][y]=[−5] totally answer
IQR = 40
1) Put the numbers in order: 40, 45, 50, 60, 60, 75, 90, 90, 120
2) Find the median: Median is 60 (the 2nd one)
3) Place parentheses around the numbers above and below the median. For easy identification of Q1 and Q3. (40, 45, 50, 60,) 60, (75, 90, 90, 120)
4) Find the Q1 and Q3. Q1 = median of the lower half of the data; Q3 = median of the higher half of the data. Q1 and Q3 have even sets so its median cannot be defined.
5) Had both sets contain odd sets, the median of Q1 is subtracted from the median of Q3 to get the IQR.
We can then use the Alternative definition of IQR.
IQR is the difference between the largest and smallest values in the middle 50% of a set data.
40, 45, 50, 60, 60, 75, 90, 90, 120
Middle 50% is 50, 60, 60, 75, 90; IQR = Largest value - smallest value;
IQR = 90 - 50 = 40
