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2 answers:
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Answer:
$711.23
Step-by-step explanation:
We assume the entire closing cost went to reducing the principal of the loan. Then the amount borrowed was $147,192.
<h3>Monthly payment</h3>The amortization formula tells you the monthly payment.
A = P(r/12)/(1 -(1 +r/12)^(-12t))
P is the principal, r is the annual rate, and t is the number of years.
The monthly payment is ...
A = $147,192(0.041/12)/(1 -(1 +0.041/12)^-360) ≈ $711.23
Jeff's monthly payment is $711.23.
Answer:
Standard deviation of a normal data distribution is a measure of data dispersion.
Step-by-step explanation:
Standard deviation is used to measure dispersion which is present around the mean data.
The value of standard deviation will never be negative.
The greater the spread, the greater the standard deviation.
Steps-
1. At first, the mean value should be discovered.
2.Then find out the square of it's distance to mean value.
3.Then total the values
4.Then divide the number of data point.
5.the square root have to be taken.
Formula-
SD=
Advantage-
It is used to measure dispersion when mean is used as measure of central tendency.