Answer:
The principal amount was $23,393.45
Step-by-step explanation:
The total amount paid on a 35 year loan was $98,000 at the rate of interest 4.1%
We will calculate Principal amount by this formula
Where A = amount (98,000)
P = Principal amount (P)
r = rate of interest 4.1% (0.041)
n = number of compounding interest monthly (12)
t = time (35 years)
98,000 = P(4.189386)
= 4.189386P = 98,000
P = 
P = 23,392.4494 ≈ $23,392.45
The principal amount was $23,393.45
Question has missing details (Full question below)
Measurement error that is continuous and uniformly distributed from –3 to +3 millivolts is added to a circuit’s true voltage. Then the measurement is rounded to the nearest millivolt so that it becomes discrete. Suppose that the true voltage is 219 millivolts. What is the mean and variance of the measured voltage
Answer:
Mean = 219
Variance = 4
Step-by-step explanation:
Given
Let X be a random variable measurement error.
X has a discrete uniform distribution as follows
a = 219 - 3 = 216
b = 219 + 3 = 222
Mean or Expected value is calculated as follows;
E(x) = ½(216+222)
E(x) = ½ * 438
E(x) = 219
Variance is calculated as follows;
Var(x) = ((b-a+1)²-1)/12
Var(x) = ((222-216+1)²-1)/12
Var(x) = (7²-1)/12
Var(x) = 48/12
Var(x) = 4
