Answer:

Step-by-step explanation:

Answer:
Use the equation found in step 3 and the remaining information given in the problem to answer the question asked. In this case, you need to find x when y = 44 and z = 6. Example 2 – If f varies directly as g and inversely as the square of h, and f = 20 when g = 50 and h = 5, find f when g = 18 and h = 6.
Step-by-step explanation:
8/21,13/21 because .16/42=x/100 and then cross multiply and simplify
Answer:
Expected Winnings = 2.6
Step-by-step explanation:
Since the probability of rolling a 1 is 0.22 and the probability of rolling either a 1 or a 2 is 0.42, the probability of rolling only a 2 can be determined as:

The same logic can be applied to find the probability of rolling a 3

The sum of all probabilities must equal 1.00, so the probability of rolling a 4 is:

The expected winnings (EW) is found by adding the product of each value by its likelihood:
Expected Winnings = 2.6
Part A: monthly payment
Initial loan after downpayment,
P = 320000-20000= 300,000
Interest rate per month,
i = 0.06/12= 0.005
Number of periods,
n = 30*12= 360
Monthly payment,
A = P*(i*(1+i)^n)/((1+i)^n-1)
= 300000(0.005(1.005)^360)/(1.005^360-1)
= 1798.65
Part B: Equities
Equity after y years
E(y) = what they have paid after deduction of interest
= Future value of monthly payments - cumulated interest of net loan
= A((1+i)^y-1)/i - P((1+i)^y-1)
= 1798.65(1.005^y-1)/.005 - 300000(1.005^y-1)
= (1798.65/.005-300000)(1.005^y-1)
Equity E
for y = 5 years = 60 months
E(60) = (1798.65/.005-300000)(1.005^60-1) = 18846.17
for y = 10 years = 120 months
E(120) = (1798.65/.005-300000)(1.005^120-1) = 45036.91
y = 20 years = 240 months
E(240) = (1798.65/.005-300000)(1.005^240-1) = 132016.53
Check: equity after 30 years
y = 30 years = 360 months
E(360) = (1798.65/.005-300000)(1.005^360-1) = 300000.00 .... correct.