The answer is 17/25. Hope this helps! :) I know how you feel!
Since there are 120 payment and the total interest paid was
$ 14,644.95. so the average monthly interest can be calculated by:
Average monthly interest = $ 14,644.95 / 120
Average monthly interest = $ 122.04
% total interest = ($ 14,644.95) / $ 39,644.95 x 100
% total interest =36.94 %
This can happen if you add another independent variable to your regression model that is strongly correlated to some other variable already in the model.
This is called multicollinearity.
If there is a high correlation between your independent variables can lead to problems.
<span>It can lead to increased variance of the coefficient estimates and make the estimates very sensitive to minor changes in the model.</span>
I=prt. Sub in what you know: I=12,000(.015)(4). Multiply: I=12,000(.06). Multiply again: I=720. The investment earned $720 :)
Answer:
1/3 chance
Step-by-step explanation: 2/6=1/3
