Answer:
$1,220,200
Step-by-step explanation:
The total of Mary's payments is ...
$3695.20/mo × 30 yr × 12 mo/yr = $1,330,200
The difference between this repayment amount and the value of her loan is the interest she pays:
$1,330,200 -110,000 = $1,220,200 . . . total interest paid
_____
Mary's effective interest rate is about 40.31% per year--exorbitant by any standard.
Answer:
x ={0; - 1 ; 2 ; 1}
Step-by-step explanation:
x¹³-2x¹²-x¹¹+2x¹⁰=0
x¹⁰(x³-2x²-x+2)=0
x¹⁰(x+1)(x-2)(x-1)=0
x¹⁰=0 ∨ x+1=0 ∨ x-2=0 ∨ x-1=0
x=0 x= - 1 x= 2 x= 1
Method A: 7.6666.... = 7 + 0.6666... = 7 + 2/3 = 21/3 + 2/3 = 23/3
Method B: 10(7.666...) - 1(7.666...) = 76.666... - 7.666... = 69.000...
(10 - 1)(7.666...) = 69
7.666... = 69/9 = 23/3
Answer: x=25 work below :)
Answer:
b. 144.8
Step-by-step explanation:
When calculating the moving average estimate of an observation , each of the observations are usually computed with the same weighted . In some cases, it is beneficial to assign different weight on the observations such that the observation closer to the time period being forecast, has higher weight. This is refer to as weighted moving average technique. The sum of the individual weight in a weighted moving average technique must equal to 1.
The three-period weighted moving average forecast for period 5 = 144*0.5 + 148 *0.3 + 142 *0.2 = 144.8
