Hi there
First find the monthly payment of each offer to see which monthly payment is lower
The formula of the present value of annuity ordinary is
Pv=pmt [(1-(1+r/k)^(-kn))÷(r/k)]
Pv present value
PMT monthly payment
R interest rate
K compounded monthly 12
N time
Solve the formula for PMT
PMT=pv÷[(1-(1+r/k)^(-kn))÷(r/k)]
Bank F
PMT=16,200÷((1−(1+0.057÷12)^(
−12×8))÷(0.057÷12))
=210.53
Bank G
PMT=16,200÷((1−(1+0.062÷12)^(
−12×7))÷(0.062÷12))
=238.21
From the above the monthly payment of bank f is lower than the bank g
And since the lifetime of bank g is lower than bank f the answer is
b. Yvette should choose Bank F’s loan if she cares more about lower monthly payments, and she should choose Bank G’s loan if she cares more about the lowest lifetime cost.
Good luck!
First let as solve all unit pirce
whistles 21.25 / 25 = $ 0.85 per unit
36 / 50 = $ 0.72 per unit
60 / 80 = $ 0.75 per unit
kazoos
10 / 25 = $ 0.4 per unit
18.50 / 50 = $ 0.37 per unit
27.20 / 80 = $ 0.34 per unit
a.) $ 0.85 - $ 0.72 = $ 0.13
b.) 10 / 25 = $ 0.4 per unit
c.) he must order 80 kazoos she should
order
The correct answer is : of those planning to not to go on vacation, more of them are women.
The correct answer is (C)
<h3>What is probability?</h3>
Probability means possibility. It is a branch of mathematics that deals with the occurrence of a random event
Given: total people asked =145
The first option is not correct because plan to go on vacation women are more than men.
The second option is also incorrect because more women were asked than men.
The third option is correct because out of planning who were not going any vacation, women are more than of men.
The fourth option is incorrect because More men plan to go on vacation.
Learn more about probability here:
brainly.com/question/11234923
#SPJ1
