Answer:
The online survey has large biases concerning representativeness. Regarding the behavioural characteristics of consumers, the face-to-face data delivers the best results, followed by the telephone interviews and finally the online survey.
Face-to-face surveys still deliver the most representative results. Telephone surveys may provide a good alternative, but we would advise use of a larger sample. The online survey needs to be corrected, one should relinquish representativeness.
Answer:
That's a Trapezium
Area =½( A + B)x H
A and B are the top and bottom of the shape.
H is the height.
Substituting...
Area = ½(13+17)8
=120 Square Inches
(This is me typing cause it needs to be 20 characters long)
Given that
starting outstanding balance = $150000
rate of interest = 7.5% per year
so rate of interest for 1 month = (7.5/12)% = 0.635%
outstanding balance before 1st monthly payment = starting outstanding balance + 0.625% of interest on starting outstanding balance
= 150000 + (0.625 /100) × 150000
= 150000 + 937.5 = $150937.5
Reduction = outstanding balance after one month - first monthly payment
Reduction = $150937.5 - 1010.10 = 149927.40
so out of first payment of $1,010.10 , $937.5 goes towards interest and remaining $72.6 goes towards reduction of principal that is 150000 - $72.6 = 149927.40.
so correct option is B that is $149927.40.
