Answer:
The APR of the loan was 18.30%.
Step-by-step explanation:
Given that a student has a total of $ 3000 in student loans that will be paid with a 48-month installment loan with monthly payments of $ 73.94, to determine the APR of the loan to the nearest one-half of a percent the following calculation must be done:
3,000 = 100
(73.94 x 48) = X
3,000 = 100
3,549.12 = X
3,549.12 x 100 / 3,000 = X
354,912 / 3000 = X
118.30 = X
118.30 - 100 = 18.30
Therefore, the APR of the loan was 18.30%.
The confidence interval is based on
mean square error. T<span>he </span>mean squared error<span> (</span>MSE<span>) </span><span>of an </span>estimator<span> measures the </span>average<span> of the squares of the </span>errors<span> or </span>deviations.<span> MSE is calculated by the formula attached in the picture, where Xbar is a vector of predictions, X is the vector of predicted values. </span>
Answer:
Step-by-step explanation:
To find this probability, we have to know:
- How many numbers are there in between 5 and 8 inclusive?
- How many total numbers are there?
We simply divide the first answer by the second one and get our probability.
So, the numbers are 5,6,7,8 ----- that is 4 numbers
How many numbers are there in total? That is:
0, 1, 2, 3, 4, 5, 6, 7, 8, or 9 ------- 9 numbers
Thus, the probability is 4/9
Well, if both Alexis and Tara mine salt for 40 hours... they'd have mine 1,000 pounds of salt. Is this what you were looking for?