All categories

3 years ago

Equation for the monthly mortgage payment

1 answer:

7 0

In the standardized calculations used in the United States, c is given by the formula: For example, for a home loan of $200,000 with a fixed yearly interest rate of 6.5% for 30 years, the principal is , the monthly interest rate is , the number of monthly payments is , the fixed monthly payment equals $1,264.14.

You might be interested in

ILL GIVE BRAINLIEST!!!!!! Please explain!! Thank you!!

Bumek [7]

Answer:

The answer would be C

Step-by-step explanation:

He started at 250 lbs. He is losing 3 lbs every week.

So it would be y=250(beginning weight)-3x(how much he's losing every week)

Hope this helped :)

4 0

3 years ago

Read 2 more answers

In recent commercials Toyota claimed that 80% of its vehicles sold in the past 20 years are still on the road. You work for an a

Anvisha [2.4K]

Answer:

Step-by-step explanation:

We have to perform one sample proportion test. To do so we have to proceed through following steps.

(1) We have to collect data about vehicle sales in last 20 years.

(2) Using random number table or random number generator or otherwise we have to select sample of vehicles from the list of sale. In this step, we have to keep an eye on the fact that sample is to be selected from all years (all of 20). Using stratified random sampling by dividing vehicles sold over different years is an effective way to do so. That means, we may divide vehicles sold into 20 homogeneous strata over 20 years and select sample from each strata.

(3) After selecting sample of vehicles we have to communicate to corresponding vehicle owners to gather information about that particular vehicle.

(4) We have to note number of vehicles which are still on the road.

Suppose, we have selected n vehicles as sample and after communicating we found that \tiny r of those are still on the road.

We have to test for null hypothesis $H_0:p=0.80$

against the alternative hypothesis $H_1 \neq 0.80$

Our test statistic is given

$z=\frac{\hat p - p_0}{\sqrt{p_0(1-p_0)/n} }$

here,

$\hat p =\frac{r}{n}$

$p_0 =0.80$

$z=\frac{r/n-0.80\sqrt{n} }{0.40} \\\\=2.5(\frac{r}{n} -0.8)\sqrt{n}$

We then calculate corresponding p-value.

We reject our null hypothesis if $\text{p-value}$ , level of significance.

According to our obtained p-value and level of significance we proceed to certain conclusion.

8 0

3 years ago

A pizza chain records how long it takes customers to receive their delivery orders. Suppose the distribution of these delivery t

SCORPION-xisa [38]

Answer:

The probability that the mean delivery time from the sample of 25 orders xˉ is farther than 2 minutes from the population mean cannot be calculated.

Step-by-step explanation:

As given in the question statement, the distribution of delivery times is strongly skewed to the right. The population distribution is skewed to right. Too much skewed distribution can cause the statistical model to work ineffectively and affects its performance. The probability can also not be calculated because the sample size is too small. Small sample size affects the results and makes them less reliable because it results in a higher variability and likelihood of skewing the results.

5 0

3 years ago

Identify the equation in slope-intercept form for the line containing the point (−3,5) and parallel to y=−2/3x+53.

Alexeev081 [22]

Answer:

y=−2/3x+3

Step-by-step explanation:

I graphed the point and the equation given below. I used the same slope in the new equation as the original equation. The y-intercept is 3 because the line goes through (0,3).

3 0

3 years ago

4 times a number added to -5 is the same as the sum of twice the number and 11. What is the number?

Alexus [3.1K]

Let x = the number you need to find.

4x + (-5) = 2x + 11

You finish.

4 0

4 years ago