Answer:
$557.51
Step-by-step explanation:
A financial calculator tells you the payments are ...
on $80,000 at 4.75%: $417.32
on $20,000 at 7.525%: $140.19
Then the total monthly payment is ...
$417.32 +140.19 = $557.51
_____
You can use the amortization formula to find the payment (A) on principal P at interest rate r for t years to be ...
A = P(r/12)/(1 -(1+r/12)^(-12t))
I find it takes fewer keystrokes to enter the numbers into a financial calculator. Both give the same result.
The z-score is the number of standard deviations away from the mean that a data point is. To find the value of z for which 0.9426 of values are within z deviations of the mean, this means that (1 - 0.9426) = 0.0584 are beyond this interval, and this would be divided by 2: 0.0584 / 2 = 0.0292 of values are located below -z, while another 0.0292 is above +z.
Based on z-tables, this occurs at around z = 1.89, so the interval is from -1.89 to 1.89.
A
Explanation
divide 1,400 /50 give you 28.
What is the rest of the question??
