2/6, but it can be reduced to 1/3
The monthly payment of Angelica on the loan after she graduates in 4 years is $97.22.
<h3>How do we calculate the monthly payment of a loan?</h3>
Firstly, we calculate the future value (FV) of the loan in 4 years as follows:
FV in 4 years = Loan amount * (1 + Interest rate)^4 = $16,000 * (1 + 0.056)^4 = $19,896.45
Secondly, the monthly payment is calculated using the formula for calculating the future value of an ordinary annuity as follows:
M = FV in 4 years / ((((1 + r)^n) – 1) / r) ....................... (1)
Where:
M = Monthly payment = ?
r = monthly interest rate = 0.056 / 12 = 0.00466666666666667
n = number of months = 12 years * 12 months = 144
Substituting all the relevant values into equation (1), we have:
M = $19,896.45 / ((((1 + 0.00466666666666667)^144) – 1) / 0.00466666666666667)
M = $97.22
Learn more about future value here: brainly.com/question/2472793.
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check the template in the picture below.
Answer:
B) A random sample may represent the population <em>is your best answer.</em>
Step-by-step explanation:
Note that the answer choice says "may", which means that it doesn't <em>always</em> represent the population. Random samples means that they ask random people, and do not have a certain rule that they have to follow (such as recipients can only be a certain race, age, etc.) and that they can ask anybody they meet. This can give not only a higher chance of a general population's opinion, but also makes sure that there is not a high chance of obtaining misleading information.
For example, a random survey would not take place at a rally, in which most of the people would believe the same thing, and would answer fairly the same for the survey. Instead, a random survey may be taken at a busy intersection during the time when most people are out. You must note that though it has the best chance of getting a <em>more accurate</em> representation, it still isn't the most accurate. For the best accuracy, <em>everyone would have to answer the survey in which the survey question would affect</em>.
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Answer:
X= 4. Y = 3.
Step-by-step explanation:
If you have a graphing calculator, put the first equation into Y1. And second equation into Y2. Then, find the intersection of the two equations. That's how you find your answer.
