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storchak [24]
3 years ago
5

joanne and bill are financing $305500 to purchase a house. They obtained a 20/6 balloon mortgage at 5.75%. What will their ballo

on payment be?
Mathematics
1 answer:
Sloan [31]3 years ago
6 0
The answer would be =$249,256.48
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Answer:

95% Confidence interval:  (0.0429,0.0791)      

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We are given the following in the question:

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\hat{p} = \dfrac{x}{n} = \dfrac{42}{679} = 0.0618

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