Major league baseball salaries averaged $3.26 million with a standard deviation of $1.2 million in a recent year. suppose a samp
1 answer:
You might be interested in
In this case we have an ARM fixed for 6 years and adjust after the initial first 6 years every 2 years after. The basic idea behind a ARM is that the interest changes periodically, but since our ARM is fixed for 6 years, our going to calculate the monthly payment during the initial period using the formula: 
where
is the monthly payment
is the amount
is the interest rate in decimal form
is the number years
First we need to convert our interest rate of 4% to decimal form by dividing it by 100%:
We also know from our question that
and 
, so lets replace those values into our formula to find the monthly payment:
We can conclude that the monthly payment during the initial period is $1071.58<span />
where
First we need to convert our interest rate of 4% to decimal form by dividing it by 100%:
We also know from our question that
We can conclude that the monthly payment during the initial period is $1071.58<span />
Answer:
The amount spent on the refrigerator is $ 800 .
Step-by-step explanation:
Given as :
The amount spent on television = $ 1600
Le The total amount in the account = $ A
so, The amount left in account after spent on television = $ A - $ 1600
The amount spent on refrigerator = × ( A - 1600 )
The amount left in his saving account = × A
Now, According to question
A - ( 1600 + × ( A - 1600 ) ) =
× A
Or, A - × A = 1600 +
× ( A - 1600 )
Or, × A = 1600 +
× A -
× 1600
or, × A -
× A = 1600 - 640
Or, × A = 960
or, × A = 960
∴ A =
I.e A = 3600
So, The amount in the saving account is $3600
∵ , The amount spent on refrigerator = × ( 3600 - 1600 )
Or, The amount spent on refrigerator = × 2000
I.e The amount spent on refrigerator = $ 800
Hence The amount spent on the refrigerator is $ 800 . Answer