Step-by-step explanation:
Starting from y-intercept of [0, 2], you can either move two blocks <em>north</em><em> </em>over 3 blocks <em>west</em><em> </em>or two blocks <em>south</em><em> </em>over three blocks <em>east</em><em>.</em><em> </em>Either way, you will still get this line because this is a negative <em>rate</em><em> </em><em>of</em><em> </em><em>change</em><em> </em>[<em>slope</em>].
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The rate must be in DECIMAL form and the time must be in YEARS
Answer:
Option A,$ 1,832.91 is correct
Step-by-step explanation:
The monthly payment can be computed using the below pmt formula i excel shown below:
=pmt(rate,nper,-pv,fv)
rate is the monthly rate on the mortgage which is 17.5%/12=0.014583333
nper is the number of months of payment i.e 30*12=360
pv is the amount of the loan which is $125,000
fv is the total amount of repayment which is unknown
=pmt(0.014583333
,360,-125000,0)=$ 1,832.91
The correct option is A,$ 1,832.91 which is the amount of money they need to pay back on the mortgage for 360 months
Answer:
Probability distribution vector =
Step-By-Step Explanation
If
is the transition matrix for a Markov chain with two states.
be the initial state vector for the population.
In the long run, the probability distribution vector Xm approaches the probability distribution vector
.
This is called the steady-state (or limiting,) distribution vector.
Domain are the values of x, range are the values of y