Answer: a.) Mortgages can be repaid over a long period of time.
Instead of paying the money back all at once, it's beneficial to spread out the payments over 15 years or 30 years so that the monthly payments are small and manageable. Yes overall you'll pay more money than what you borrowed, but interest is involved with nearly every type of loan.
Answer: 19% of 60 is 11.4
Step-by-step explanation:
Turn 19 into a decimal — .19
times that number by 60 to get your answer! Sorry I couldn’t understand the first one
Answer:
the margin of error can be interpreted to mean that the value of the mean obtained from the sample is expected to differ from the mean of the population weight by ±0.01
Step-by-step explanation:
Answer:

And for this case we can use the cumulative distribution function given by:

And using this formula we have this:

Then we can conclude that the probability that your bid will be accepted would be 0.41
Step-by-step explanation:
Let X the random variable of interest "the bid offered" and we know that the distribution for this random variable is given by:

If your offer is accepted is because your bid is higher than the others. And we want to find the following probability:

And for this case we can use the cumulative distribution function given by:

And using this formula we have this:

Then we can conclude that the probability that your bid will be accepted would be 0.41
Answer:

Step-by-step explanation:
Given
See attachment
Required
Determine the surface area
The figure is made up of two cuboids and the surface area of a cuboid is:

Because the bottom part of the upper piece is not visible, the area is calculated as:

This gives:


For the bottom piece:
We calculate its area as
. However, the area of the invisible part will be subtracted.
So, we have:


The total surface area is:

