12%... (3×4)/(25×4) = 12/100... 12/100 = .12 which is 12%
Answer:
Kindly check explanation
Step-by-step explanation:
Given the following :
Price of home = $220,000
Down payment = 20%
3 points at closing
30 years fixed rate mortgage at 7%
A.)The down payment :
20% of price
0.2 × $220,000 = $44,000
B.) Amount of the Mortgage :
Price - down payment
$220,000 - $44,000 = $176,000
C.) Amount to be paid for the 3 point of closing :
3% of mortgage amount
0.03 * $176,000 = $5,280
D.) monthly payment :
(mortgage amount(1 + rate)) / 30* 12
176000(1 + 0.07)
($176,000 + $12320) / 360
$523
E.) Total cost of interest :
0.07 * 176000 = $12,320
Answer:
180-78=102
Step-by-step explanation:
Answer: Inferential.
It is inferential because the survey takes its conclusion(inference) from a sample of the country's population and generalized it on the entire population.
If the results of a survey were claimed to indicate that 7.8% of adults in this country who own digital cameras plan to replace their cameras in the next 12 months. would you say this statement is descriptive or inferential, why?
Step-by-step explanation:
It is inferential because the survey takes its conclusion(inference) from a sample of the country's population and generalized it on the entire population. this claim requires an inference to the population. For example, you might stand in a mall and ask a sample of 200 people if they like shopping at ShopRite. You could make a bar chart of yes or no answers (that would be descriptive statistics) or you could use your research (and inferential statistics) to reason that around 50-75% of the population (all shoppers in malls) like shopping at ShopRite.
Answer:
No
Step-by-step explanation:
When you square a number, you chose a number and multiplying itself. If you did the square root of 25, you would get 5. However if you divided 25 by 2, you would get 12.5 which is NOT the square root.
