Using the standard 28/36 guidelines, what is the maximum mortgage payment allowed for someone with an annual salary of $60,750?
2 answers:
rule says that 28 % of your total income should be spent on Housing finances and 36 % of your gross total income should be spend for Debts.
Annual Salary = $ 60,750
Maximum mortgage payment=28% of $ 60,750
Maximum ,mortgage payment allowed for someone with an annual salary of $60,750= $ 1,701.00→→→Option (C)
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Answer:
Perimeter: 33.7 mm
Area: 54 mm
Step-by-step explanation:
If you do 12 + 9.7 + 12 you will get the perimeter, and to get the area you would use the formula A = x base x height. Since the base is 12 and the height is 9, you would do 12 x 9 x 0.5 to get 54 mm for the area of the triangle.
Using the binomial distribution, it is found that there is a 0.81 = 81% probability that NEITHER customer is selected to receive a coupon.
For each customer, there are only two possible outcomes, either they receive the coupon, or they do not. The probability of a customer receiving the coupon is independent of any other customer, which means that the binomial distribution is used to solve this question.
Binomial probability distribution
The parameters are:
- x is the number of successes.
- n is the number of trials.
- p is the probability of a success on a single trial.
In this problem:
- For each customer, 10% probability of receiving a coupon, thus
.
- 2 customers are selected, thus
The probability that <u>neither receives a coupon is P(X = 0)</u>, thus:
0.81 = 81% probability that NEITHER customer is selected to receive a coupon.
A similar problem is given at brainly.com/question/25326823