In this case we have an ARM fixed for 6 years and adjust after the initial first 6 years every 2 years after. The basic idea behind a ARM is that the interest changes periodically, but since our ARM is fixed for 6 years, our going to calculate the monthly payment during the initial period using the formula:

where

is the monthly payment

is the amount

is the interest rate in decimal form

is the number years
First we need to convert our interest rate of 4% to decimal form by dividing it by 100%:

We also know from our question that

and

, so lets replace those values into our formula to find the monthly payment:


We can conclude that the monthly payment during the initial period is $1071.58<span />
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Equation
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y = -3x - 9
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Option 1
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If I substitute x = -9, I should get y = 0
When x = -9
y = -3 (-9) - 9
= 18 (I did not get 0, wrong)
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Option 2
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If I substitute x = -3, I should get y = 0
y = -3(-3) - 9
y = 9 - 9
y = 0 (Yes, I got 0, correct)
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Option 3
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If I substitute x = 0, I should get y = -3
y = -3 (0) - 9
y = 0 - 9
y = -9 (I did not get -3, wrong)
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Option 4
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If I substitute x = 0, I should get y = -9
y = -3 (0) - 9
y = 0 - 9
y = -9 (Yes, I got -9, correct)
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Answer: (-3, 0) and (0, 9) are ordered pairs of the equation (Answer B, D)
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Answer:
p-value = 0.0063
Step-by-step explanation:
PLEASE CHECK ATTACHMENT FOR COMPLETE SOLUTION AND STEP BY STEP EXPLANATION
Answer:
0.321 is the probability that their mean printing speed of the sample is greater than 17.99 ppm.
Step-by-step explanation:
We are given the following information in the question:
Mean, μ = 17.39 ppm
Standard Deviation, σ = 4.25 ppm
Sample size = 11
We are given that the distribution of printing speed is a bell shaped distribution that is a normal distribution.
Formula:
P(printing speed of the sample is greater than 17.99 ppm.)
P(x > 17.99)

Calculating the value from the standard normal table we have,

Thus, 0.321 is the probability that their mean printing speed of the sample is greater than 17.99 ppm.