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Dmitrij [34]
3 years ago
10

PLEASE HELP WILL MARK AS BRAINLIEST!!!!! When is it a good idea to purchase discount points on a mortgage? Explain in complete s

entences.
Mathematics
1 answer:
olganol [36]3 years ago
8 0

When discount points are paid, the bank collects a one-time fee at closing in exchange a lower mortgage rate to be honored for the life of the loan.

The banks consider this payment to be "prepaid mortgage interest". Meanwhile, mortgage interest is tax-deductible for eligible tax-filers so, for many mortgage borrowers, there's a tax advantage to paying discount points.

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A random sample of 70 printers discovered that 25 of them were being used in small businesses. find the 95% limit for the popula
kvasek [131]

Answer:

The sample proportion of printers used in small business is:

\hat{p}=\frac{25}{70}=0.3571

The 95% confidence interval for the population proportion of printers that are used in small businesses is:

\hat{p} \pm z_{\frac{0.05}{2}} \sqrt{\frac{\hat{p}(1-\hat{p})}{n} }

Where:

z_{\frac{0.05}{2}}=1.96 is the critical value at 0.05 significance level

\therefore 0.3571 \pm 1.96 \sqrt{\frac{0.3571(1-0.3571)}{70} }

         0.3571 \pm 0.1122

         \left ( 0.3571 - 0.1122, 0.3571 + 0.1122 \right)

         \left(0.245,0.469 \right)

Therefore, the 95% confidence interval for the population proportion of printers that are used in small businesses is (0.245 , 0.469)



7 0
3 years ago
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4 years ago
Which coordinate pair represents the reflection of poin A across the y-axis
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3 years ago
Find the values of x and y, write your answer in simplest form.
tamaranim1 [39]

Answer:

Step-by-step explanation:

You have a 30-60-90 triangle. The sides of a 30-60-90 are in the ratio 1:√3:2.

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_____

An increase in x by 6 produces an increase in y by 5. The slope of this linear function is 5/6. In slope-intercept form, the equation is y = (5/6)x + 2.

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3 years ago
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