Answer:
Step-by-step explanation:
The y intercept is where it crosses the x axis. <span />
Present value of annuity PV = P(1 - (1 + r/t)^-nt) / (r/t)
where: p is the monthly payment, r is the APR = 14.12% = 0.1412, t is the number of payments in one year = 12, n is the number of years = 2.
1,120.87 = P(1 - (1 + 0.1412/12)^(-2 x 12)) / (0.1412 / 12)
0.1412(1120.87) = 12P(1 - (1 + 0.1412/12)^-24)
P = 0.1412(1120.87) / 12(1 - (1 + 0.1412/12)^-24) = $53.88
Minimum monthly payment = 3.15% of 1120.87(1 + 0.1412/12) = 0.0315 x 1120.87(1 + 0.1412/12) = $35.72
Therefore, his first payment will be greater than the minimum payment by 53.88 - 35.72 = $18.16
There are only two possible outcomes in the table that satisfy <em>x</em> ≤ -3; either <em>x</em> = -5 or <em>x</em> = -3. Then
P(<em>x</em> ≤ -3) = P(<em>x</em> = -5) + P(<em>x</em> = -3) = 0.17 + 0.13 = 0.3
[see picture link]Area of part 1:A1=base*height/2=(8+2)*(8-2-2-1)/2=10*3/2=15 ft^2Area of part 2:A2=length*width=(8+2)*1=10 ft2Area of part 3:A3=length*width=8*2=16 ft2
Picture: https://us-static.z-dn.net/files/d30/9033549987fa60cf57fe05f71424f322.gif
