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weeeeeb [17]
3 years ago
9

Macy has a 20 year adjustable rate mortgage with a fixed rate for the first 7 years. In the 8th year, the interest rate rises to

6.2%. The remaining balance at the end of the 7th years is $398,381.20. What is the monthly payment in the 8th year?
Mathematics
2 answers:
Crank3 years ago
8 0
The answer is indeed 3,725.90. The reason why is because <span>with each adjustment, you take the remaining balance and calculate a fixed rate loan for the remaining time period at the new rate. When you follow that procedure with the data you already have, you get that answer.</span>
natka813 [3]3 years ago
4 0

Answer:

3725.90

Step-by-step explanation:

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A poll was taken this year asking college students if they considered themselves overweight. A similar poll was taken 5 years ag
Katyanochek1 [597]

Answer:

At 5% significance level, it is statistically evident that    there is nodifference in the proportion of college students who consider themselves overweight between the two poll                                  

Step-by-step explanation:

Given that a poll was taken this year asking college students if they considered themselves overweight. A similar poll was taken 5 years ago.

Let five years ago be group I X and as of now be group II Y

H_0: p_x =p_y\\H_a: p_x \neq p_y

(Two tailed test at 5% level of significance)

                Group I            Group II              combined p

n                  270                 300                         570

favor            120                  140                          260

p                   0.4444            0.4667                   0.4561

Std error   for differene = \sqrt{\frac{0.4561(1-0.4561)}{570} } \\=0.0209

p difference = -0.0223    

Z statistic = p diff/std error =       -1.066

p value =0.2864

Since p value >0.05, we accept null hypothesis.

        At 5% significance level, it is statistically evident that    there is nodifference in the proportion of college students who consider themselves overweight between the two poll                                  

7 0
3 years ago
1. De un tubo vertical cuyo radio interior es 1 mm gotea agua. Hallar el radio de las gotas en el momento de desprenderse. Hay q
Dvinal [7]

Answer:B or C

Step-by-step explanation:

I did the test

4 0
2 years ago
Kyra is finding the area of the circle. She cuts the circle into equal sectors and arranges them into the shape of a parallelogr
Vinvika [58]
Option 1. 9.42×3 in² is the correct option.


Step-by-step explanation:

As it has been given in the question that Kyra has arranged the circle sectors in the shape of a parallelogram.
Side of a parallelogram = 9.42 in. and height of this parallelogram is 3 in.
Now we know the formula of the area of a parallelogram = length × height
Area = 9.42 × 3 in².
So the area of this arrangement of the sectors = 9.42×3 in².
8 0
3 years ago
Read 2 more answers
John has 34 bottle caps Logan has 4 times as many bottle caps as John ?
ELEN [110]

Answer:

136

Step-by-step explanation: 34 multiplied by 4

7 0
2 years ago
Read 2 more answers
The number is odd.
77julia77 [94]

Answer:

Wow thats pretty hard the only things i could guess was the first one could be 18+ 18=36 and then there 6X6=36. but neither of those are greater than 50. And both of them are less than 75.

Step-by-step explanation:

Is this for a class??

7 0
3 years ago
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