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Gnesinka [82]
3 years ago
14

Find the mean absolute deviation

Mathematics
1 answer:
koban [17]3 years ago
8 0

The mean absolute deviation is 30

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Jimmy paid off a mortgage by paying $775 per month for 12 years. What was the original amount of the mortgage if the interest ra
valentinak56 [21]

Answer:

The original amount of the mortgage was $66231.45.

Step-by-step explanation:

In order to find the original amount of the mortgage, you can use the following formula to calculate the present value:

PV=FV/(1+r/n)^nt

PV=present value

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Now, you can replace the values on the formula:

PV=111600/(1+(0.0440/2))^2*12

PV=111600/(1.022)^24

PV=111600/1.685

PV=66231.45

According to this, the answer is that the original amount of the mortgage was $66231.45.

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From a survey of coworkers you find that 48% of 250 have already received this years flu vaccine. An approximate 95% confidence
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