Answer:
I'm a bit late but the answer is C: Find the sum of all values and then divide by the number of values.
Step-by-step explanation:
Mean is just another name for average. To find the mean of a data set, add all the values together and divide by the number of values in the set. The result is your mean !
I hope this can help still ^-^!
First we need to calculate the monthly payment to repay the loan using the formula of the present value of an annuity ordinary which is
Pv=pmt [(1-(1+r/k)^(-n))÷(r/k)]
PV the amount of the loan 4250
PMT monthly payment?
R interest rate 0.1325
K compounded monthly 12
N time 24 months
Solve the formula for PMT to get
PMT=pv÷ [(1-(1+r/k)^(-n))÷(r/k)]
PMT=4,250÷((1−(1+0.1325÷12)^(−24))÷(0.1325÷12))=202.55
Now to find the total finance charge use the formula of
Total finance charge=monthly payment×number of months-the amount of the loan
Total finance charge=
202.55×24−4,250=611.2
So the answer is 611.2
Hope it helps!
Answer:
1
Step-by-step explanation:
Slope = change in y over change in x
If you look at the graph as y goes up 1 x goes up 1
So slope = 1/1 or just 1