Model the unknown number situation by writing an algebraic expression.
1 answer:
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Answer:
In the graph attached there is a sample generated with a correlation coefficient r=-0.5.
Step-by-step explanation:
A value of r that is -0.5 shows that there is a certain correlation and that this correlation is negative.
As there are no examples in this question, I searched for a generator of random samples with a user-input correlation coefficient between the two variables.
In the graph attached there is a sample generated with a correlation coefficient r=-0.5.
Answer:
No, he is wrong.
Step-by-step explanation:
Since, the total payment of a loan after t years,
Where,
P = present value of the loan,
r = rate per period ,
n = number of periods,
Given,
P = $165,000,
In loan 1 :
r = 3% = 0.03, t = 15 years,
So, the total payment of the loan is,
In loan 2 :
r = 4% = 0.04, t = 30 years,
So, the total payment of the loan is,
Since,
Hence, total amount repaid over the loan will be less for Loan 1.
That is, the friend is wrong.