Answer:
$11,130.47
Step-by-step explanation:
The amortization formula can be used. It tells you the monthly payment amount A for some principal P, interest rate r, and n payments.
A = P(r/12)/(1 -(1 +r/12)^(-n))
Filling in your values, we get ...
200 = P(.03/12)/(1 -(1 +.03/12)^-60) = P(.0025)/(1 -1.0025^-60)
P = 200(1 -1.0025^-60)/.0025 ≈ 200×55.6523577
P ≈ 11,130.47
The present value of the loan is $11,130.47.
Answer:
The 3rd one 2.15
Step-by-step explanation:
12.35 in whole
1.25 x 3 = 3.75
12.35-3.75= 8.60
= 2.15
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Answer:
radians
Step-by-step explanation:
Arc length and radius is given. So, we need to know the arc length formula for a circle.
That is:

Where s is the arc length
r is the radius
is the angle (IN RADIANS)
We have:
s = 15.5
r = 9
Now, we substitute and find the angle:

The angle, in radians, in 1.72
Answer:
a) Standard error = 0.5
b) 99% Confidence interval: (19.2125,21.7875)
Step-by-step explanation:
We are given the following in the question:
Population mean = 20.50 mpg
Sample standard deviation = 3.00 mpg
Sample size , n = 36
Standard Error =

99% Confidence interval:

Putting the values, we get,

