Answer:
Test statistic = - 2.29
Pvalue = 0.0110
Step-by-step explanation:
The hypothesis :
H0 : p = 0.3
H1 : p < 0.3
Test statistic :
z=pˆ−p/√p(1−p)/n
pˆ = 0.2
Z = (0.20 - 0.30) / √(0.30(1 - 0.30) / 110
Z = - 0.1 / √0.0019090
Z = - 0.1 / 0.0436931
Z = - 2.29
Test statistic = -2.29
The Pvalue :
P(Z < -2.29) = 0.0110
Answer:
The balance be after he has made exactly half of his monthly payments is $56881.4.
Step-by-step explanation:
Given : Dean took out a 10-year loan for $40,000 at an APR of 4% compounded monthly.
To find : What will his balance be after he has made exactly half of his monthly payments?
Solution :
Formula of monthly payment ,
Discount factor
Where, Amount = $40,000
Rate r= 4% compounded monthly
Time = 10 years
Now, put all the values we get,
Half of the monthly payment is $807.345
Payment for 10 years is 
The balance is $96881.4-$40000=$56881.4
Therefore, The balance be after he has made exactly half of his monthly payments is $56881.4.
Answer:
25
Step-by-step explanation:
ABC is a right angle so ABD and DBC are <em>complementary angles</em> and their sum is equal to 90:
x + 55 = 90 subtract 55 from both sides
x = 25
5p + 3
because its 5 times Paula's age with the additional 3 years tacked on to it