SFF = (r/n)/{(1+r/n)^nt-1} ------- where SFF = Sinking fund factor, r = Annual interest rate, n= number of payments per year, t = number of years
Substituting,
SFF = (0.06/2)/{(1+0.06/2)^2*2 -1} = 0.239
PMT = A*SFF = 58,000*0.239 = $13,863.57 ---- The closest answer is $13,863.74
4%
To find the percentage, first find the area of both circles. The area formula is
. After finding the area of the center of the target (19.625) and the area of the large target (490.625), set up a percent proportion to determine the percentage that the center takes up:
Cross multiplying and dividing by 490.625 will give a total of 4%.
<h3>I hope it is helpful for you </h3>
Answer:
The correct option is;
C. The pattern is random, indicating a good fit for a linear model
Step-by-step explanation:
A graph that has the residuals (the difference between the value observed and the value expected (regression analysis) on the vertical axis and the variable that is not affected by the other variables (independent variable) on the x or horizontal axis is known as a residual plot
A linear regression model is suited in a situation where the points are dispersed randomly on both sides of the horizontal axis
Therefore, given that the first point is below the horizontal axis and the next point is above the horizontal axis, while the third and the fourth points are below the horizontal axis, the fifth, sixth, and seventh points are above the horizontal axis and the eighth point is below the horizontal axis, the points are random around the horizontal axis, indicating the suitability of a linear regression model.
