Answer:
100% its 2 my guy trust meeee
Answer:
1. x - 1
2. 
Step-by-step explanation:
Answer:
Size of each monthly payment = $161.69 per month
Step-by-step explanation:
Given:
Value of property = $20,000
Downpayment = 20%
Number of payment = 12 x 10 = 120
Interest rate = 4% = 4% / 12 = 0.33 %
Computation:
Loan balance = 20,000 - 20%
Loan balance = $16,000
A] Size of each monthly payment [In Excel]
Size of each monthly payment = PMT(0.33%,120,16000,0)
Size of each monthly payment = $161.69 per month
If a variable is binomially distributed with n trials and a success probability of p, then the mean = np, variance = np(1–p) and standard deviation = square root of variance.
In this case, n = 1200, p = 0.35. So, mean = (1200)(0.35) = 420,
variance = (1200)(0.35)(1–0.35) = 273,
standard deviation = square root of variance = √273 = 16.52.
