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fredd [130]
3 years ago
12

The formula m = 12,000 + 12,000rt 12t gives Keri's monthly loan payment, where r is the annual interest rate and t is the length

of the loan, in years. What would Keri's monthly loan payment be if she got a 4% loan for 5 years? $ ___per month
Mathematics
2 answers:
alexandr1967 [171]3 years ago
3 0

Answer:

  $240

Step-by-step explanation:

Fill in the given numbers and do the arithmetic.

m=\dfrac{12,000+12,000rt}{12t}=\dfrac{12,000+12,000\cdot 0.04\cdot 5}{12\cdot 5}\\\\m=\dfrac{14,400}{60}=240

Keri's monthly loan payment is $240 per month.

insens350 [35]3 years ago
3 0

Answer: 300 per month

Step-by-step explanation:

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insens350 [35]

Answer:

Unbiased

Step-by-step explanation:

If b^ is equal to B this means that it is an unbiased estimator. When there is an absence of bias, we have an unbiased estimator. As an unbiased estimator it gives accurate information most of the time. The result it gives is not over estimated and also it is not underestimated.

Expected value = true value

Parameter estimates are correct on average

Thank you

6 0
3 years ago
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tester [92]

Answer:

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Step-by-step explanation:

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7 0
3 years ago
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navik [9.2K]

Answer:

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Step-by-step explanation:

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Step-by-step explanation:

7 0
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