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Arada [10]
3 years ago
14

Jill Barkely obtained a 25-year, $460,000 mortgage loan from University Savings and Loan Association with 6% interest. The month

ly payment is $2,962.40. For the first payment, find the payment to principal to the nearest cent.
Mathematics
1 answer:
Vanyuwa [196]3 years ago
5 0
First find the interest
I=prt
I=460,000×0.06×(1÷12)
I=2,300

The payment to principal is
Monthly payment-interest
2,962.40−2,300
=662.4

Hope it helps!
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An automobile manufacturer finds that 1 in every 2500 automobiles produced has a particular manufacturing defect. ​(a) Use a bin
Advocard [28]

Answer:

a) 0.1558 = 15.58% probability of finding 4 cars with the defect in a random sample of 7000 cars.

b) 0.1557 = 15.57% probability of finding 4 cars with the defect in a random sample of 7000 cars. These probabilities are very close, which means that the approximation works.

Step-by-step explanation:

Binomial distribution:

The binomial probability is the probability of exactly x successes on n repeated trials, and X can only have two outcomes.

P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}

In which C_{n,x} is the number of different combinations of x objects from a set of n elements, given by the following formula.

C_{n,x} = \frac{n!}{x!(n-x)!}

And p is the probability of X happening.

Poisson distribution:

In a Poisson distribution, the probability that X represents the number of successes of a random variable is given by the following formula:

P(X = x) = \frac{e^{-\mu}*\mu^{x}}{(x)!}

In which

x is the number of sucesses

e = 2.71828 is the Euler number

\mu is the mean in the given interval.

To use the Poisson approximation for the binomial, we have that:

\mu = np

1 in every 2500 automobiles produced has a particular manufacturing defect.

This means that p = \frac{1}{2500} = 0.0004

a) Use a binomial distribution to find the probability of finding 4 cars with the defect in a random sample of 7000 cars.

This is P(X = 4) when n = 7000. So

P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}

P(X = 4) = C_{7000,4}.(0.0004)^{4}.(0.9996)^{6996} = 0.1558

0.1558 = 15.58% probability of finding 4 cars with the defect in a random sample of 7000 cars.

(b) The Poisson distribution can be used to approximate the binomial distribution for large values of n and small values of p.

Using the approximation:

\mu = np = 7000*0.0004 = 2.8. So

P(X = x) = \frac{e^{-\mu}*\mu^{x}}{(x)!}

P(X = 4) = \frac{e^{-2.8}*(2.8)^{4}}{(4)!} = 0.1557

0.1557 = 15.57% probability of finding 4 cars with the defect in a random sample of 7000 cars. These probabilities are very close, which means that the approximation works.

6 0
3 years ago
PROBLEM 2 The height of a golf ball in feet can be determined using the formula h(t) = -16t2 + 100x , where t is the number of s
wolverine [178]

Answer:

<h3>H. 150 ft</h3>

Step-by-step explanation:

Given the height of a golf ball in feet modelled by the formula h(t) = -16t² + 100x where t is in seconds, we are to find the height of the golf after 2.5 seconds. To do that we will simply substitute t = 2.5secs into the formula given;

h(t) = -16t^2 + 100x\\\\h(2.5) = -16(2.5)^2 + 100(2.5)\\\\h(2.5) = -16(6.25) + 250\\\\h(2.5) = -100+250\\\\h(2.5) = 150\\\\

Hence the height of the golf after 2.5 seconds is 150ft.

8 0
3 years ago
Here is quite a simple question.<br><br> How do you work out the area of a circle?
Tomtit [17]
A=\pi r^2 where r is the radius of a circle.
7 0
3 years ago
Read 2 more answers
Please answer this correctly
posledela

Answer:

10\dfrac{5}{8}

Step-by-step explanation:

The perimeter of a shape is the sum of the lengths of the sides.

2\dfrac{1}{8}+3\dfrac{3}{16}+2\dfrac{1}{8}+3\dfrac{3}{16}=10\dfrac{5}{8} yards

Hope this helps!

8 0
3 years ago
Read 2 more answers
A figure is translated using the rule (x,y) (x-3,y+6). Which describes how the figure is moved
Rzqust [24]
The figure is moved the 3 units to the left and 6 units up
4 0
3 years ago
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