<h3>T
he monthly payment is $242.44 for loan to paid off in 3 years.</h3>
Step-by-step explanation:
The amount borrowed = Principal = $8000
The rate of interest = 7.2%
Time (T) = 3 years
Now, Simple Interest = 

So, the total interest = $1728
Now, <u>Amount to be paid = Principal + Interest</u>
⇒ A = $8000 + $1728 = $8728
Also, 1 year = 12 months
⇒ 3 years = 3 x 12 months = 36 months
So, total amount to be paid in 36 months is $8728.
⇒The amount to be paid in 1 month is 
Hence, the monthly payment is $242.44 if loan is to paid off in 3 years.
Answer:
2.99
Step-by-step explanation:
The answer will be C. OR 3. 11−<span>13<span>i</span></span>
Answer:
x=80
Step-by-step explanation:
The sum of interior angles in a quadrilateral is 360°
the square represents a right angle= 90 degrees
124+66+90=280
360-280=80
x=80
Answer:
Type I error occurs when the null hypothesis, H0, is rejected, although it is true.
Here the null hypothesis, H0 is:
H0: Setting weekly scheduled online interactions will boost the well being of people who are living on their own during the stay at home order.
a) A Type I error would be committed if the researchers conclude that setting weekly scheduled online interactions will not boost the well being of people who are living on their own during the stay at home order, but in reality it will
b) Two factors affecting type I error:
1) When the sample size, n, is too large it increases the chances of a type I error. Thus, a sample size should be small to decrease type I error.
2)A smaller level of significance should be used to decrease type I error. When a larger level of significance is used it increases type I error.