Answer:
99.38%
Step-by-step explanation:
We have that the mean (m) is equal to 124, the standard deviation (sd) 6.4 and the sample size (n) = 64
They ask us for P (x <126)
For this, the first thing is to calculate z, which is given by the following equation:
z = (x - m) / (sd / (n ^ 1/2))
We have all these values, replacing we have:
z = (126 - 124) / (6.4 / (64 ^ 1/2))
z = 2.5
With the normal distribution table (attached), we have that at that value, the probability is:
P (z <2.5) = 0.9938
The probability is 99.38%
Answer:Balloon payment:$84,646.62
Step-by-step explaination:
Monthly payment
Monthly principal and interest payment (PI). The monthly payment is calculated using a term up to 15 years.
Total interest paid:$22,374.55
Total regular payments:$51,227.93
Balloon payment:$84,646.62
Answer:
4 3=64
Step-by-step explanation:
Answer:
D
Step-by-step explanation: