The monthly payment on the mortgage is option C) $2537.44
<u>Step-by-step explanation</u>:
- Principal (P): $
295,000
- Rate (r): 6.3% = 0.063
- Number of times compounded (n): 12months
15 years = 180
- Number of years = 15
The formula is A = P(1 + r/n)^nt
⇒ A = 295000(1+0.063/180)^(18015)
⇒ A = 295000(180.063/180)^2700
⇒ A = 295000 (1.00035)^2700
⇒ A = 758854.5
Interest = Amount - Principle
⇒ 758854.5 - 295000
⇒ Interest = 463854.5
∴ The monthly payment for 15 years = 463854.5 / (1512)
The monthly payment on the mortgage = 2576.9 (approximately option C)
Answer: The graph is stretched.
Step-by-step explanation:
Answer:
He must survey 123 adults.
Step-by-step explanation:
In a sample with a number n of people surveyed with a probability of a success of 
, and a confidence level of 
, we have the following confidence interval of proportions.
In which
z is the z-score that has a p-value of 
.
The margin of error is:
Assume that a recent survey suggests that about 87% of adults have heard of the brand.
This means that 
90% confidence level
So 
, z is the value of Z that has a p-value of 
, so 
.
How many adults must he survey in order to be 90% confident that his estimate is within five percentage points of the true population percentage?
This is n for which M = 0.05. So
Rounding up:
He must survey 123 adults.
You take $1472 and divide it by 4
$1472 divided by 4 = $368 per week or $52.57 a day
hope this helps!!
Answer:
4 inches should be turned up on both sides.
Step-by-step explanation:
In order to find this, create a situation in which we give the amount turned up on each side as x. Then give the amount that isn't turned up as 16 - 2x (since 2x is the amount turned up). Now we can find the area by multiplying the 3 measurements.
100 * x * (16 - 2x) = MAX
100 * (16x - 2x^2) = MAX
-200x^2 + 1600x = MAX
Now that we have a quadratic function, we can find the maximum value of x by using the vertex formula for x values (-b/2a).
x = -b/2a
x = -1600/2(-200)
x = -1600/-400
x = 4
