Answer:
Step-by-step explanation:
Ruth's salary is s(j), where s represents salary and j the number of jars she sells.
At the very beginning, she receives $50. Only answer 'd' could be correct.
But also, the equation has the variable part 0.65j, or
$0.65j, which is directly proportional to the unit price of the jars of jelly.
*
Summing up the fixed and variable parts, we get
s = $50 + ($0.65j), or s = $50 + ($0.65/jar)j This is Answer D.
Answer:
No
Step-by-step explanation:
You should only use t procedures when the sample sizes are less than 30, as that is when the Central Limit Theorem kicks in.
Essentially, t procedures are good for small samples while z procedures are better for larger samples.
The monthly payment if we put 5% down for a 30-year loan with a fixed rate of 6.25% is (B) $2,605.87 (approx).
<h3>
What is a loan?</h3>
- A loan is the lending of money by one or more individuals, organizations, or other entities to other individuals, organizations, or other entities in finance.
- The recipient (i.e., the borrower) incurs a debt and is typically required to pay interest on that debt until it is repaid, in addition to repaying the principal amount borrowed.
- The document evidencing the debt will typically include information such as the principal amount borrowed, the interest rate charged by the lender, and the date of repayment.
- A loan is the temporary reallocation of the subject assets between the lender and the borrower.
To find the monthly payment if we put 5% down for a 30-year loan with a fixed rate of 6.25%:
- The purchase price is = $445500
- 5% is down payment = 0.05 × 445500 = 22275
- Loan amount is = 445500 - 22275 = 423225
- The EMI formula is = [p × r (1+r)ⁿ]/[(1+r)ⁿ-1]
- p = 423225
- r = 6.25/12/100=0.0052
- n = 30 × 12 = 360
- Putting the values in the formula we get:
- [423225 × 0.0052 × (1.0052)³⁶⁰]/[(1.0052)³⁶⁰-1]
- = $2603.17
Therefore, the monthly payment if we put 5% down for a 30-year loan with a fixed rate of 6.25% is (B) $2,605.87 (approx).
Know more about loans here:
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The correct question is given below:
If the purchase price for a house is $445,500, what is the monthly payment if you put 5% down for a 30-year loan with a fixed rate of 6.25%?
a. $2,740.19
b. $2,605.87
c. $1,314.84
d. $1,249.10
Answer:hope you like it
Step-by-step explanation:basic pencil and a4 sheet of paper
Answer:
Step-by-step explanation:
x²-7x+10=0
(x-2)(x-5)=0
x=2 or x=5