Answer:
47
Step-by-step explanation:
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)
There are 10 portions to the circle, and 7 of the 10 are shaded. 7/10 is 70%
Answer:
B
Step-by-step explanation:
Here, we are to give the reason why we would reject the null hypothesis during the hypothesis testing.
In considering whether to accept the null hypothesis or reject the null hypothesis, we have to take into consideration two things.
The p-value and the alpha value. The p-value refers to the probability which is directly obtainable from the standard score which is referred to as the z-score while the alpha refers to the level of significance.
Now, when the p-value is less than alpha, we simply reject the null hypothesis and accept the alternative hypothesis. In a case however, we have the value of p greater than or equal to the significance level alpha, we simply accept the null hypothesis in this case.
The question asks for a rejection case and this can happen only when the p-value is less than the level of significance alpha
Answer:
-22*F
Step-by-step explanation:
The answer is -22*F because you are subtracting -7*F from -29*F.
