Answer:
1) Repaid for the loan = $239,511.60
2) Percentage = 58.2%
3) Average amount = $387.53
Step-by-step explanation:
Given :
Amount $100,000
Rate 7%
Payments 360 - $665.31
Total interest $139,511.60
To find :
1) How much will be repaid for this loan?
Repaid for the loan = Amount - Total interest
Repaid for the loan = 100,000 + 139,511.60
Repaid for the loan = $239,511.60
2) What percentage will be repaid for this loan?
![\text{Percentage}=\frac{\text{Total interest}}{\text{Repaid loan}}\times100](https://tex.z-dn.net/?f=%5Ctext%7BPercentage%7D%3D%5Cfrac%7B%5Ctext%7BTotal%20interest%7D%7D%7B%5Ctext%7BRepaid%20loan%7D%7D%5Ctimes100)
![\text{Percentage}=\frac{139511.60}{239511.60}\times100](https://tex.z-dn.net/?f=%5Ctext%7BPercentage%7D%3D%5Cfrac%7B139511.60%7D%7B239511.60%7D%5Ctimes100)
![\text{Percentage}=0.582\times100](https://tex.z-dn.net/?f=%5Ctext%7BPercentage%7D%3D0.582%5Ctimes100)
![\text{Percentage}=58.2\%](https://tex.z-dn.net/?f=%5Ctext%7BPercentage%7D%3D58.2%5C%25)
3) What will be the average amount per payment for interest?
![\text{Average amount}=\frac{\text{Total interest}}{\text{Payments}}](https://tex.z-dn.net/?f=%5Ctext%7BAverage%20amount%7D%3D%5Cfrac%7B%5Ctext%7BTotal%20interest%7D%7D%7B%5Ctext%7BPayments%7D%7D)
![\text{Average amount}=\frac{\text{139511.60}}{\text{360}}](https://tex.z-dn.net/?f=%5Ctext%7BAverage%20amount%7D%3D%5Cfrac%7B%5Ctext%7B139511.60%7D%7D%7B%5Ctext%7B360%7D%7D)
![\text{Average amount}=387.53](https://tex.z-dn.net/?f=%5Ctext%7BAverage%20amount%7D%3D387.53)
I'm sorry my friend but I need as much help as you do I'm just answering this so I can get some help sorry
Answer:
Step-by-step explanation:
Since the length of time taken on the SAT for a group of students is normally distributed, we would apply the formula for normal distribution which is expressed as
z = (x - u)/s
Where
x = length of time
u = mean time
s = standard deviation
From the information given,
u = 2.5 hours
s = 0.25 hours
We want to find the probability that the sample mean is between two hours and three hours.. It is expressed as
P(2 lesser than or equal to x lesser than or equal to 3)
For x = 2,
z = (2 - 2.5)/0.25 = - 2
Looking at the normal distribution table, the probability corresponding to the z score is 0.02275
For x = 3,
z = (3 - 2.5)/0.25 = 2
Looking at the normal distribution table, the probability corresponding to the z score is 0.97725
P(2 lesser than or equal to x lesser than or equal to 3)
= 0.97725 - 0.02275 = 0.9545
The set with the strongest linear association is the top left
Answer: c
Step-by-step explanation:
If the population triples every three hours, you would multiply three by the number of one hour to the power of three, making three hours. This function would triple it every three hours.